Credit Card (Liability)Your balance sheet starts off balanced, so each transaction should keep the accounting equation Assets = Liabilities + Equity true. 

I was aware that insurance would mostly not cover but how does a landlord safe guard here ?.

The earlier you start in your RE journey, the better off you will be in the future.

Contractors are often off chasing other jobs or being pulled back to finish something.

If I had time to take a 2 week course on it to figure it out, maybe I would have felt differently, but I'm looking for uncomplicated and if their stupid webmaster can't come off his high horse and make it easy then I'm not paying $50 a month plus the lead generation costs...and thats my 2¢

Your best bet would be to do a short-term rental in the ski area, but you want it to be one that is solid off-season as well.

Maybe you’d get an offer from one of the “more well-off” members of BP.

Based on my understanding, all you can do is carry-forward the loss till you dispose off the property.

Currently I live off my investments and can easily retire.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.