I pay no utilities and these are all one year leases.2) THEIR CREDIT RATINGCollege students almost always pay their rent.

I hired a GC to manage the build out, but there has been no consensus on who is responsible for the utility payments (Water and Energy). 

The other half of the accounting records is coming from online purchases, utility payments, etc etc where they are sending you an email. 

Most investor utilize short term hard money debt to scale their flipping operations where the lender will fund 80+% of the purchase price and the rehab budget which can allow investors to work on multiple projects at once.

Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capital gains taxes by reinvesting the proceeds from the sale into a similar “like-kind” property.

If your credit is decent then I would utilize your cash as leverage to leverage:1.

Trying to manage a $1M Airbnb rental while it sounds good you got $6500 in bookings you still have significant costs to operate it with maintenance repairs, utilities etc.

If you're planning on utilizing a self-showing model with cameras you'll need to make sure you disclose to prospective tenants viewing the property that there are cameras on premise.At scale, we've coordinated 160,000+ on-demand/self showings with smart lockboxes over the past 5 almost 6 years with very few issues.

Using a Heloc utilizes the equity that is sitting dormant, it provides tax relief (once again check with your tax professional) as it is interest income, you can typically get a reasonable rate andlastly there is no out of pocket money.

This explains why your taxable income was zeroed out on Form 1040, even if the standard deduction wasn’t utilized.