For our home, we're trying to beat traditional mortgages, especially if 50 years becomes the new standard. 

@David De La TorreHey David, for single-family homes in Cleveland it’s standard to have tenants pay electric and gas directly, while water and sewer stay in your name but you can bill them monthly based on actual usage.

a couple of my clients have liked the hybrid approach, meaning a long term standard tenant on one side and an MTR on the other.  

Corporate clients do tend to have bigger budgets but also expect a higher standard of service and amenities.

That means more cash flow, faster pay-back, and smarter reinvestment.What Is Cost Segregation & Why STRs BenefitCost segregation is the process of breaking down a property’s purchase price (or renovation cost) and reallocating portions of it into shorter depreciation lives (typically 5, 7, 15 years) instead of being lumped into the standard residential/structure life (27.5 or 39 years).For STRs (especially where average guest stays are short and you materially participate) this becomes even more powerful:It accelerates write-offs and frees up cash sooner.It helps you convert your property into an “active business” rather than passive income in the eyes of the IRS, making more deductions usable against other income.Personally I'm a realtor which makes it easy to gain "material participation" as I am classified as a "real estate professional"There are ways to structure a property that is managed by someone else and still qualify.

When those are handled proactively, the operations can be surprisingly smooth.In terms of performance, the returns are generally much higher of a standard single-family rental, even accounting for higher utilities and cleaning costs.

I thought they had payment standards per zip code that were essentially market?

BTW, the rental property mentioned is a standard one year lease type apartment just like mine which has been sitting for 6 months and, although I have had crazy number of submitted applications, they have all been way too high risk. 

The biggest piece is making sure your zoning and local regulations allow that kind of use because some areas classify adult care homes differently than standard rentals.

That would definitely be more expensive than a standard tub, but $12,000 is very high.