It sounds like you plan to use it yourself in addition to renting it out so you will get some use from it of value.

The investment first needs to be sound and the tax benefit is the cherry on top.

Sounds like a solid property.

The process for reimbursement is so easy through Airbnb, and I have been reimbursed for damages each and every time.

Welcome Brock, sounds like you are doing pretty well with taking all the right steps.

Initially, the seller agreed to cover the costs of septic system decommissioning and sewer connection, which sounded great.The seller's agent contacted my agent late last night to inform us that our offer had been accepted.

Seeing as you like the outdoors stuff, it sounds like you want to use it.

It sounds like you are just getting a good deal on this overall, so if you did a delayed finance with a rehab escrow, then you could get that initial investment back, plus get reimbursed for the repair.

I would agree with Sean, Quickbooks, would be an easy way to go to build out with expenses etc.

But it takes up a much larger percentage of the rent if you're only pulling in $1000 per month.I just put up a massive post on all my costs and headaches for 5 properties over the last 3 years, if you're interested.https://www.biggerpockets.com/forums/12/topics/1171104-the-m...The advice you're getting on how to use your loan all sounds good to me.