Apparently that doesn't disqualify you to be president though and unfortunately there is no IQ test to vote, maybe more people should get into politics.I was in Lowe's yesterday picking up a blind for a rental house I just finished and leased.  

When you add up legal fees, lease fees, loss of rent, etc. it can add up.

Once you are on site you can decide if your $20K should be used as a downpayment on a double to house hack (to stop renting), a single to just stop renting, or a single to lease out.

No, you cannot "write off a new truck every 3 years" as those YouTube professors suggest.Prepay or delay personal itemized deductions.

But you do have to put some language in your lease  agreement or lease addendum that deals specifically with issues that will come up for the fireplace.  

I don't think you need to take a picture of each wall, but of each room and each noteworthy item that was damaged is really helpful. 

You can have a box of items that are free for tenants to take/use: toothbrush, toothpaste, charging cables left behind from other guests, sunscreen, unused earplugs, etc.

I actually own a 20 year lease as I'm within 100 yards of the ocean. 

My daughter is an Agent in Vegas I suspect they are going to get a lot of overflow as well since there is no income tax there and prop taxs are basically the lowest in the nation.. my mid term rental I have there has routinely been leased out to insurance companies paying for their clients that had a fire .. or this last one they were building a new personal residence that took over a year. 

Quote from @Chas Lumley: Quote from @Caleb Brown: Getting leases is typically done once under contract, I always have verbiage that leases will be reviewed by buyer within the inspection contingency.