Should I put the money into getting the space updated and rent it out to a tenant, another option is to rent it on Air BnB or something similar, or I can convert the space into something different all together (man cave, media room, or storage)?

Hello all,I have recently started a property management business, and I have created some social media profiles to spread the word and educate and inform.

Disclaimer, I am new at this and do not own any properties.

Don't worry this conversation will go on the social media for everyone to see it.

I won't hold it against you if you connect here with me or Facebook or any other social media channel and check out my awesome dwellings in Europe.

As a disclaimer I didn't read the other responses above.If you claim the deduction on your return it will likely go through. 

Once the phone interview is complete, I check all social media of the prospective tenant. 

Instagram- (Free) I never thought I would say that I have learned so much from a social media app but Instagram has been amazing for me.

Jay is spot on... if a lawsuit or demand surfaces and you purchased owner's coverage you just make the claim with the title insurer and they take over from there including legal defense... which is one of the most important aspects of title insurance.That said, if this someone you "never heard of" turns out to be someone you knew full well when you purchased title insurance was going to make some claim... well then that becomes a much more interesting scenario.As to what the title insurer does... they deny/disclaim coverage based on some exclusion in the policy or they settle or litigate the matter.

If your web developer or Web Company has worked in only one place or on 1 project, they probably won’t be able to take your business to the next level.Promote on social media, promote, promote, promote.