Evictions are few and far between, but when we have one, the security deposit is NEVER ENOUGH to cover back rent and damages, the tenants always owe more.     

These loans are secured to cross collaterizing multiple homes and apartments.

This secured me for my 8th rental unit this year, with no signs of stopping.  

From the banks seat this would be an owner occupied deal with some experience, real estate secured, established business so it has a lot going for it as long as the $$$ is right! 

I get that argument, I just feel like I can get all that I go from security cameras and messaging

In contrast, when you secure a great tenant, the need for management and the hassle associated with it goes down dramatically.

You cannot deduct any expenses that are not connected with your rental units, for example, repairs in your private unit.You are not obliged to have a separate business bank account, but if you want to treat your business seriously, I would recommend you to open one, that way it will be easier for you to calculate your results and file taxes in the end of the year.I hope that helps!

Investment Info:Mobile home private money loan investment in Los Angeles.

When vacant, I offer each room on Airbnb at $30/night ($40 for the master bedroom with private bathroom) and on CL and facebook as shared housing.

This is a whole new learning curve, especially having to deal with the SEC and securities attorneys and all that.