Would I just have an addendum for the additional 12 months? 

Thank you for your suggestions.

Maybe try a few different description formats across your listing sites and see if a certain type gets you any additional leads?  

You are also able to make sure that your tenants are taking care of your property and check for additional occupants, pets etc.

You will need to work with a tax professional to analyze your current tax situation (income, deductions, activities, etc.) as well as projected income from the fix and flip business.The benefits have to outweigh the costs (payroll costs, additional tax returns, more stringent reporting and compliance requirements, etc.).One important note - an S Corp is not an entity; it is a tax election.

I was quite surprised when he invested $500,000, and followed up with a $250,000 additional investment the next year.

Additionally, the maintenance requirements are generally overblown. 

But I like Jonathan Green's suggestion that you can put it in your lease that tenants are allowed to paint as long as it it is done professionally AND it is professionally painted back to the original colors when they vacate or use their security to do it.

The cashflow is always nice cause it's viewed as another source of income and who doesn't like additional money.

@Adriese Williams follow landlord tenant laws with itemized list for security deposit and invoice requesting additional amounts that are over normal wear and tear and depreciation for age.