Basically to the point where the person reduced the listing price around 60% and still hasn't been able to get a buyer.

That is, if I own a 200k property free and clear with a NOI of 12k, should I just remove the 200k from my “number” and subsequently reduce my expenses that I use in the calculator by 12k?

Keep in mind that if you below what the county assessor office values the property at, you can appeal the taxes and have them reduced with ease. 

They book another week. 7 day minimum and only in 7 day sections.Personally I think that will reduce bookings.

After a few weeks of inactivity you will be forced with a decision to reduce the price.

So I called banks to get a traditional loan.I know there are creative ways for people to reduce their down payments when they get conventional financing through a bank but how?

@Jeff Willis  I tell them to reduce car price by that in the finance office or I walk. 

Are you looking to assist in covering costs to reduce yours when buying a property?

My main retirement account is currently in a tax deferred TSP account I invested this way because I was in a rather high tax bracket and was wanting to reduce my taxes.

If you could shadow them and be a helper, you will gain knowledge the quickest way -- by doing.