I’d probably be ok with that, especially if it was a big medical bill or something like that

They actually pulled the Central Air units when tenants complained of their power bills and replaced them with window units. 

IMO.....if you kept it as a rental, your “cash invested” (your numerator) would be the cash you’d walk away with if you sold it now, after taxes.

Hi i am 22 years old and i will be purchasing a home in 8 months, i have 700+ credit score, i will be using an FHA loan for a home that is around $400,000, i will be house hacking and i will only need to cover $500 of a $2500 mortgage, I have no bills and my car is paid off, I want to get into real estate investing and accumulate properties.

My wife and I were thinking about buying some investment properties in Billings.

Originally posted by @Bill Brandt:I BELIEVE none of those expenses are deductible until you buy something then they go to that property.

JenkinsTenant should be paying the bill.

Originally posted by @Bill Brandt:@Jay HinrichsSure would be nice if “the land of the free” Texas would let people buy Teslas.

On the 4th time, I now take over the yard maintenance and bill the tenant.

You won't make as much as AirBnB in the summer, but could pay the bills until the high season.AirDNA is okay, but you could do the research yourself by digging into AirBnB and looking at your competition.