Note: If you go to the same meeting each month, you can do detail tracking for a month, and can use same detail to estimate expense for rest of the year.( If nothing changed)2) Meals when traveling away from home - 50% is deductible unless the meal is provided to the general public (like Open houses) than it is 100% deductible.

Not a passive businessCan be harder to finance since it’s a non traditional type of real estate.

I have already located a townhome that is eligible for full time non owner occupied short term rental and currently listed at $250,000 dollars. 

Shockingly someone is open to it but they want $5,000 non refundable earnest money if my financing falls through.

If you are looking for a deal to invest in and you are not accredited, you will not find anything out there as solicitation is prohibited by the exemptions that allow for non-accredited investors.

I need some sources for a heloc on a non-owner 4-plex in CA. 

@Harrison CookYour post kindles lots of questions.In the "good old-days" most heating systems were vastly oversized for the building they were heating - energy was relatively cheap, insulation was non-existant to poor ... so it was easier and safer to {drastically} oversize.Today, while energy {in North America}  is still relatively cheap for the moment,  we have a much better understanding of how to make buildings more efficient {though you might not think so looking at the construction industry in the U.S.A. and Canada}  and there are often more cost-effective measures than simply replacing an old, over-sized heating plant with a new, over-sized heating plant.You really need to - or at lease should -  perform a heat load analysis to properly size your heating system, a component of which, is determining the rate of heat loss of the building envelope.  

This must have been a marketing attempt to get good publicity.

I had read that some VA loans can be assumed by non-vets, so I figured it was worth a try.

The only way you can be certain that a particular asset is left to a non-spouse is if you own it as separate property.