@Christina Webber et al, file this under TL,DR (too long, didn't read), but here is the regulation story (basically regulate all STRs) that the New Hampshire Municipal Association is advocating for towns across that state: NHMA: Regulating Short-term Rentals in New HampshireSpecifically, it references a case as precedent in Portsmouth which ruled against a couple from using the house next to them as a STR on the basis of it being "transient housing," which is precluded by the town. 

@Jose Harvin I am glad that you had an informative visit with my associate here in the Tampa New Western office.

. $150K for a triplex must generate 1% or $1,500 per month) 50% rule of thumb states on average the total expenses associated with a property will be about 50% of the gross rents. 

We're looking at attending an REI association in our area.

I see he is a lender, but didn't see him associated with a company. 

I hear you should put your properties under an LLC to protect yourself, your savings & your home from anything that may arise from a lawsuit associated with one of your properties, but I wonder if that is just something people stated repeating to others without knowing if it's factual.

Join your state LL association and get involved!

However, mentioning the name of a company you are NOT associated with is fine, @Jay Hinrichs.

Lastly, even though they go by the name Texas Apartment Association, they also have versions for SFH and condos.

There is a cost associated with furnishing the home and replacing consumables.