If you must retain some cash, consult a tax advisor to understand the liability and optimize reporting.

In our case this was an annex built without proper permission, which limited the m2 that the bank would value the property against, and limited to how much space we would be legally allowed to use.

It can be a separate checking or savings but just make sure to have a "holding" account where only security deposits are held for your sanity.I won't speak to liability since I'm not a property manager, attorney, etc. 

And there was no limit.

===========================================My mail carrier had to go through a background check, pass a civil service exam, has limited duties, and isn't demanding access to complex computer systems that he doesn't understand and view sensitive, personal data.BTW -- Biden didn't extend Trump's tax cuts.Not even a nice try trying to move the goalposts -- Trump gave a pittance in tax cuts for the regular people, and the vast majority of the cuts went to the top 1 percent. -- Which is why you tried to change the goalposts.Trickle down has never worked.

My current occupancy rate is around 40%.Property Details:1,400 sq. ft. single-family home (3 bed, 2.5 bath)Weekend bookings are more frequent, with limited weekday staysWeekend rates: $150–$250/nightWeekday rates: $80–$100/nightAirbnb Listing: https://www.airbnb.com/h/vip-houstonWhat I've Done So Far:Created a brand-new Airbnb and booking.com listings to eliminate bad reviews from Airbnb and Booking.comHired a reliable cleaner ($150 per cleaning)Manually update pricing often on Airbnb (tried Pricelabs once and gave up when nothing improved within the month)Change my cover photo at least once a week or soListed the property on Airbnb, Vrbo, Booking.com, furnished finder, Zillow, and Facebook marketplaceScheduled handyman visits every six weeks for minor repairs and paint touch-upsI'd appreciate any feedback on the steps I've taken and suggestions on improving my listing and overall performance.

Ensure you understand local regulations regarding permits; it’s usually a good idea for your associates to form an LLC for liability protection, but individuals can do renovations as long as they pull the necessary permits.

What is their federal lending limit?  

What ROI do you need to justify the liability and active nature of owning a rental property?

And I feel the most limited sympathy for it.