If you're keeping it a separate studio rental and want to maximize the space, then removing it seems to be the right move - and definitely reduces the liability.

Quote from @Jimmy Sont: I'm looking to build around 700 sq ft 2 bed / 2 bath guest house primarily used for short to mid term rentals.

Short term rentals are legal when the host is living in the same apartment as the guests and there are no more than 2 guests staying with the host."

I am wondering if I can claim it as a repair(counting against rental income) or if it must be claimed as an asset (with depreciation benefits)?  

Glad you made your way here.. are you eyeing long-term rentals or short-term flips?

Good day everyone, I have a rental SFH in the Sacramento, CA area.

I recently had a neighbor's rotten tree fall through the fence and into the yard of one of my rentals. 

We will be offering the following services: full-service rental property furnishing (including "remote" furnishing), home staging (including virtual staging), real estate photography, and STR/MTR cohosting.

Hello,My Wife and I own several long-term rentals in the southeast.

To maintain your standard of living, your rental income must increase faster than inflation.