Vadim offers the common list, but in my experience, there will always be something.  

The term we often use for this is "offset": you offset your W2 income with your business loss.Are there any restrictions on such offsets?

But the goodness doesn't stop there.

If there is debt on the property you run into the debt-financed property issue which can cause the rent to be treated as UBIT and be subject to the trust tax rate which increases to 37% extremely fast.

there's really no way to know. 

There are so many things that you could put extra money towards that will compound more now and grow into something bigger than paying off your mortgage early.

There are 4 kids living next door and he lives with a child. 

If you have tax planning and complex items within the return, I could see it getting there but it seems a little bit high.

There is ZERO chance the repair would be made within the guest’s stay. 5 days is a fast repair for a warranty company. 10-14 days for the first attempt is more likely. 

See if there are Airbnbs in the area you are looking int.