I try to keep what I can...I now have 10 rentals, but some I flip.  

@Joe Carpyou can buy rentals with a DSCR loan, and they will not require W2 income like a conventional bankhowever, down payments will be 15-30%, so will use up your cash fasthow to scale as we sink money into each property is definitely a major challengei have done a couple successful BRRRRs that helped preserve capitalhope this helps

We have a multi family rental unit which uses oil for home/water heating.Our tenants are responsible for purchasing their own heating oil.We are trying to figure out a way to determine when/if our tenant is running out of fuel.Our maintenance person has communicated that one unit has repeatedly run out of fuel, creating an increase service cost on their boiler.I know there are WiFi options to meter usage.

If you take a loan out that is specifically used for a business expense, such as paying for a rental property down payment or rental repair, then the interest paid for the loan is generally tax deductible, regardless of the source.  

You are going to loose out on a lot of income by doing this .If your cleaner cannot complete a same day turn - time for a new cleaner You would if you were running a 53 acre ranch in Texas with significant additional logistical requirements and maintenance needs (both expected and unexpected) beyond what an average short term rental requires.  

My first Detroit rental was a S8 occupied home in 2019.

Also, would you consider doing a furnished rental for one or more of the units?

So the question is, does your rental activity qualify as a trade or business or just a passive investment? 

OR buy the rental from those that provide them, learn as you go, Simple as that.

Hello BP community,I am a relatively new landlord, who has a few out of state rentals in South Carolina that were managed by a friend and his property management company.