EVERYBODY is having a hard time with bookings this winter - although the Tahoe Daily Tribune will never tell you that.  

Do you charge a daily fee after that, and if so, how much? 

Overall cash flow numbers are irrelevant if you don't turn them into a % basis.

There are definitely others ways to finance and perhaps get better returns, however, as I mentioned, this is assuming you would be using a regular conventional loan with 25% down payment.All real estate investments are on a case by case basis, make sure you run your numbers well, you must perform your due diligence on whatever investment property you purchase, as these numbers may apply to some but not all properties in Newark, NJ - Essex County. 

You can't ask that type of question on a general basis.

Make sure trash containers  have lids,, dog food is not left outside,, You could live trap but you have to check daily and remove them to a area a few miles away.

Rent is on schedule E, brokerage on sch.C and they have different taxable basis. 

As a small time/full time/one at a time flipper there is no reason not to manage the subs yourself assuming you are prepared to be on site daily.

My question is, the tenants are on a Month to Month lease, should we have them sign ours on a Month to Month basis?

Your roof repairs and initial repairs would be added to your purchase price as your basis.