Guys I read a couple great posts here about HELOC for self employed businesses were there are many write offs to show an income on a tax return.  

I also have a good w-2, live below my means, no debt, and due to get wage increases in coming years. 

Cleveland offers a strong rental market driven by a growing population and can help ensure a steady income stream.

The first lends itself to smaller properties and potentially higher turnover, whereas 3 could appeal to a larger group of people that may be there for a longer time period. 2)what’s the typical income of someone that rents in the area?

These include reporting rental income, allocating expenses between personal and rental use, and navigating new limits on mortgage interest and property tax deductions under the Tax Cuts and Jobs Act of 2017.In places like Hawaii, STRs are subject to additional taxes, emphasizing the importance of understanding the local tax landscape.

CA taxes residents on worldwide income but may provide a credit for taxes paid to other states.

I think the main thing is do you have a book keeping system in place that allows you to efficiently break out all income and expense from the triplex, especially come tax time? 

While we do not see income from these properties and are not managing them we do have a significant amount of depreciation and losses that have been assigned to us and carried over from the past couple years.I am invested in some growth/equity focused projects already and am specifically looking in reliable income focused strategies that are tax efficient provided the losses I have from my family.

I have more bookings from Airbnb, but these are shorter (2 to 3 days) stays and represent 22% of income.

Stessa is great if you are just trying to record income and expenses per property.It is not a good tool if you want to keep track of balance sheet items.Best of luck.