Anything $2500 or below can be deductible via de minimis safe harbor.Higher expenses need to be capitalized.You can also do a Cost Segragation Study to capitalize some items quicker based on life expectancy. 

You can find more info the group studying the issue here.

That's all the location study and analysis you need.

Thats generally what studies pointed out in the past as the effect of rent control.

What did you study?

Stuy after study has shown that the less a person injects into a deal, the less likely they are to pay the deal back.

You can read the forum and create a list of the 30 most common problems, then study how to handle them and develop a plan for each in less than a year.

It helps that STRs are more actively managed than LTRs to qualify for being designated a Real Estate Professional.They do this with their individual tax professionals.I have nothing to do with that or the cost segregation studies.

Diversify your study by including communities with employment growth, schools, and low crime rates.

If you're up to the task, listing on Zillow or Redfin will be your best bet.There are numerous studies that show listing on the MLS will not only get you more net proceeds but also eliminate the liability from you as the owner by using a third party to sell the property.