The IRS specifically is looking for people misusing that rule since it's such "easy pickings" for them. 

This is why many people buy real estate within an entity (LLC) and only buy 1 property per LLC or a few based on their value/equity. 

If I select the same zip code multiplex properties, the sales comps (approximately $290K) are not as great as my expectation.

On the surface it looks like it can work, again people are doing the very same thing right here and cash flowing pretty well.

I agree with John-if people are paying $175 or $200 for a cleaning fee, $25 won't make much of a difference. 

Not sure if this tugs at heart strings or would just worry someone that we're inexperienced.My sense is that people don't necessarily understand what seller financing is, so should I write about what that means and the benefits they might not have considered?

When selecting roommates or tenants for coliving they must be flexible regarding tenants that you carefully vet in other terms, but gender is something that I've learned the hard way to not consider as a criteria.Let us know how it goes.  

And yes, we can have a discussion of how STRs ruin neighborhoods, and crime goes up 473%, and people are being displaced from affordable housing, and all that crud.

Understandable.Yet in many cases, people with disabilities are often placed in the same bad bunch of apples posed by those who simply run into financial issues.I've even heard people say, they're reluctant to rent to people with section 8 due aTo the assumption, we will neglect our property.

Ronald,Thanks for responding to my request,  I do not have any contracts in place yet but wanted to have people in place for once I get a contract on a property.