We just keep the physical key as a back-up, and don't give it to the Tenant.

My brokerage syndicates it to all the sites but zumper gets the most hits.

It all comes down to the quality of the operator.

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

(most likely because they almost all come from BiggerPockets ha!)

It's supposed to be the icing on the cake, not the cake.

Cosmetic updates What was the outcome?

The biggest qualifying factor is positive cashflow.

@Becky SwensonThe short answer is yes.long answer is the lease or leases can be a little tricky post closing so it’s good idea to be transparent about your strategy with whoever you end up working with, and as soon as you can before closing take a good read of the documents.

cash flow from the beginninglocation east of I-95large lot for re-development in futureaffordable down payment How did you find this deal and how did you negotiate it?