Are you all seriously STILL advocating to people that want to be succesful to rely on a lead generation system that has a 1% success rate?

(I actually found out this is how the lead generation companies are running their ads to sell Agents leads.)It can be tedious but well worth it.

In other cases, they could be household basics like soap, toothpaste or shampoo.StorageIf there is unused space in a basement or parking lot of the property, converting it to paid storage provides both a valuable service to residents and a potential way to generate a steady stream of non-rental income.

However i am not able to tell how well two will perform as seller lead generators for the wholesaling portion of the business. 

We are not real estate professionals (tax purposes)This move will generate a large loss for tax purposes - I understand as non Real estate professionals we can only deduct up to a certain amount of losses each year ~3k with carryforward. 

It's a little 1/1 420sqft, but this thing is occupied 90%+ of the time and regularly generates 3k+ per/mo cash flow.

I have read many places where people mention the losses need to be generated in the same year as the sale in order to offset the sell, but in other cases they imply that prior year losses can offset both gains and recapture?

Adding an extra bedroom will generate additional cash flow and should allow for a greater appraisal if you are refinancing through a non-conventional loan that is looking at the rental income of the property (Form 1007 I believe).  

Bigger Pockets Community,I've been working on an underwriting tool to pick and choose Short Term Rental investments that are most likely to cash flow highly, and generate returns.

I use expresstaxfiling.com to generate the forms, as the IRS is very picky about scanning them.1099C is for bad debts.