There are definitely some pockets of fairly priced duplexes to at least cover some of the mortgage, but tough to actually come out in the green monthly if you’re living in the other unit.

Never had an issue in 5 years of this when tenants have moved out I just send my house cleaner in for a deep clean NO turn over costs other than that.

The title company will make sure the title is clean.

She was paying on time and left the place clean.

Quote from @Jaycee Greene: Hey @Shane Dennison.

Our cleaning fees for the year were $40k, landscaping $2.5k, handyman $3k... all tasks that can be done by an operator and off set the loss of income from occupying the main house that brought in about $40k for 2024.My wife and I have decided that even though it makes good money, we have been in Texas for a year and we want to do something similar here and we are very much DIY people and don't want a PM company to run it to the ground.

Spending more than 100 hours and more than anyone else, or substantially all the time in the business.So if you own an STR and meet the test, you can set up a tax deduction machine.Some issues -- You have to count your time, and the time other people work in the biz (cleaning, maintenance, etc..)- If use the property more than 15 days or 10% of the time it becomes a residenceI suspect this is part of why the STR trend has picked up so greatly amongst professionals working in tech.

We then cleaned all of the mold and reinsulated the attic.

Keep yours clean, simple, and easy to read without using 30px text or humongous font size.

I recommend looking at reviews as well, and if they're BBB accredited - then that's also a green flag.