I would personally screen my MTR tenants and have them sign a lease.

Personal assets/liabilities:Primary Residence: Have less than 20% equity in this, rest is owned by bank at high interest rate close to 7%.

The cash came from my own personal savings and my father who invested in this deal with me.

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

I know a few of mine are Family, Health, and personal growth, but I am curious as to what others are thinking.

Whether it's about real estate investing, personal finance, or any other topic, I want to empower others with the tools they need to succeed without expecting anything in return.However, not everyone shares this philosophy.

And a washer & dryer are critical for those of us traveling away from home for more than a few days.One of the things I love about our small 2-person Airbnb is that I never have to worry about big, illegal, violent drug parties or families having a field day jumping up and down on our beds.If single people or couples are likely to be visiting Branson, they make awesome guests. 

Out of principle, i personally would have hard time looking the other way and allowing this dishonest person to take advantage of my property like this.

@Ned Carey So in order to clear the title you have to file a Quite Claim?

Which is about 3 months of rent but i can deduct thay in my taxes against rent.Or are you guys using Heloc as I won't be able to deduct that from my rent is what I read.Also is there a better way to find lender with less fees for closing for cheap investment rentals.Currently I have 5 rental. 2 with personal home mortgage and 3 paid cash so no mortgages.