Nice outbuildings.

Or do you want a monthly cash flow with a nice tax write off around tax season?

Beyond that, send EVERY visitor an application via email after their visit just to CYA. 

Always nice to meet someone from a closer area!

Now you have recouped all your costs, you have a nice property that's rented, and you can repeat the process with another property.

You can also buy a duplex in a place you want to visit so airfare and hotel can be tax deductible against your profits.To answer your question, the IRS deduction on capital gains is only valid for your primary residence not a vacation home.  

I'm originally from the Orange County area and have been in DC for 5 years, I'm ready to move back home but I can't find any Wholesale or properties in need of rehabilitation that will allow me to get back to the Irvine/Newport Beach area at a decent price.I go to OC one week a month for work and I'm only seeing overpriced deals in the nice areas of South OC, and market rate or just above market rate in areas like Westminster, and Santa Ana, these use to be the go-to cheaper neighborhoods.I'm getting so frustrated I joked with a friend about funding a Wholesalers marketing campaign just to get a property in the Irvine/Newport area since that would be cheaper than paying above market rate.

How can a landlord get away with saying you have drug activity simply because you have a few friends who visit?

Although it's nice from a non-financing perspective, it is definitely something to keep that in mind.

I truly don't view this business as convincing a seller to do anything, its finding the square peg and putting it the square hole nice and easy.