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This is a topic I would like to learn more about myself as the information that is out there can be confusing, as you mentioned.

I figure I came to the right place for advice on this topic.

IRS gives instructions too but it doesn’t separate out a publication just for rental properties and it can be annoying trying to find what you need to know among other business topics.

@Ben Cochran Hi Ben, I'm not an expert on the topic but I'm considering going the FHA route for a duplex myself.

People will still be taking vacations and DW will still be popular.I participate in a number of other non-real estate forums and the corona virus is a topic and just about everyone is still doing their vacations, even cruises.

@Evan Polaski and @Todd Dexheimer I couldn't agree more with both of you on this topic.

Again, he confirmed that the topic is raised every few years but  the actual process is extremely cost prohibitive and he does not expect any changes in the near or mid term future)Insurance: $2800/year (Per a discussion with my insurance agent this seemed in-line, if not slightly on the higher end. 

Hi @Matt Mulvihill, I was curious how people would respond on here since this is a growing topic. 

Here are some recommendations for you: Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.