You are missing out on an opportunity to train your inherited tenants to pay on time (and potentially extra revenue) by not using an online rental payment option where you can automate your late fee collections.

Thus since in both cases you as a short-term landlord are merely providing basic services to your short-term guests (and receiving passive income in return), I would think this meets the requirements for Schedule E and I would think that you can report the income on Schedule E even if you don't own the property, thus avoiding the 15.3% self-employment tax?

Different ones require you to go to the decking, others do not.Personally I'd always suggest to take things down to the decking. 

The digital era has introduced a myriad of platforms that facilitate online listings, virtual tours, and even blockchain-based transactions.

Collect a security deposit when the lease is signed and require payment of the first month's rent at move-in.

I'm a first-time homebuyer interested in buying a house that's in a different state per the pictures online from the outside to the inside appears it to be in great condition ( great priceas well), however it's been on the market for 230 days. 

Good afternoon, I hope that you are all well.I was wondering if anyone knew how to find online pictures of properties you wish to buy sight unseen?

This is still a very tricky area for lenders as there are not many "industry-standard" tried and true rules - many DSCR Lenders and buyers of these loans are still wary of the SRO model - that being said, it is a lot easier and more flexible to underwrite on an acquisition if you are buying and the property could be utilized as a LTR / MTR or STR as that allows for a more tailored projection (as long as the property doesn't have unique or altered characteristics that would require it to be a SRO / MTR)

@Anthony ErvinMost counties have online property tax calculators.Investors need to know how their communities determine property taxes.Some counties and states have set schedules every 3 4 or 5 years to re-assess properties.

I ask because I don't see many listings online that don't include much detail...and wondering if I should.All 18+ applicants must complete the application and pay the application fee.Credit score of 700+, No bills in collection.Steady employment or other acceptable source of regular income for 3+ years.Gross monthly income at least 3.5 times the monthly rental rate.Monthly payment Debt-to-gross-income ratio no higher than 40%.