In the end, people rely on internet for all sorts of things and you want that to be reliable.

Just be mindful of the following things when it comes to California.California does not recognize Bonus DepreciationCalifornia does not recognize real estate professional status.Therefore, you can potentially reduce your Federal taxes but not your California taxes.

California does not recognize Real Estate Professional (REP) status, but you can still claim it on your federal taxes if you qualify.

Let’s say you have 12 lots and if everything went perfect in the exchange you would recognize your $30,000 profit per lot across the board.  

I do not set up TV, internet, or phone for tenants. 

Quote from @Ashish Acharya: @Andrew Katz Since you're likely using the cash basis of accounting, income is recognized when you actually receive it.

And how will you recognize it?

Hey saw your other post on this earlier and wanted to repeat for others to see as well: It's great you are recognizing this.

Give your guests high speed internet and smart TV's - they can use their own log ins for the streaming sites.

I have also seen appraisers recognize that multiple ADUs by rule does not qualify for conventional F/f financing.