Here's an example scenario-- suppose an example second home mortgage/PITI is $5k/month, and the place can generate $6k/month after cleaning fees/repairs/etc.I'm trying to understand what is the taxable income. 

Daniel if you don’t mind would like to pick your brain from time to time as I start to do a deep dive into the area.

You need to maintain clean financial statements for your LLC(s).

Naturally I had a title report pulled and it was clean.

Put new carpet in the rooms, pressure cleaned the exterior, threw stone paneling around the fire place.

Cleaned up the yard as well.

Most of them get cleaned up and then Zillow does not track them and remove them once a homeowner clears the back debt.

Others with deep desire and maybe constructions or PM experience.

Is there ways to help reduce those costs other than upgrading to energy efficient appliances in the future. i did see a mention of the Clean Reads program for water in the Cleveland area for more accurate measurements if anyone can help explain that a little more.

We run a monthly meeting in Asheville where we focus on multifamily investing and syndication, we have serval experts come in during the year to do a deep dive in different areas, underwriting, financing, PM...etc.