Running a foul of all kinds of local zoning laws is just the beginning.

All bedrooms are on the 2nd level and there is a big open loft area with windows on 2nd level that's not used much now.

The only caveat is maybe if you have property management set up that can handle it all, it becomes their problem to manage.I'm in the residential world, so take what I say with a grain of salt.

All of those expenses to keep up the property are deductible from the rent paid by the tenant so they reduce taxable income which directly reduces taxes. 

Half of all plaintiffs received less than $24,000. 

Hi All,New to the forum so thought Id say hello.

If your wife becomes a Real Estate Professional, you could use the depreciation to offset your taxable income if the properties are LTRs.Overall, with depreciation, your property may not generate any income at all so it doesn't hurt being in your name.

Gurus are just following their fulfillment companies play book its all based in MLM from decades past same presentations same tugging at heartstrings  exact same terminologies etc.

Thank you all for the energy and effort you put in here. 

The first step is to make sure that you are marketing the property properly and on all platforms.