What makes alot of people say it is not worth it is their profit margin is low because their carrying costs are high. 

If appreciation exceeds the trending, they get the extra appreciation. 

Asking early keeps you in control of the process.And just so you know, you don’t have to carry all of this on your shoulders.

generally do 12+ month leases, offering incentives for longer, and then the lease generally automatically carries over into MTM after that. very rarely do we start out with MTM.  

You don’t want to end up trying to “un-allow” something later.If you do allow it, I’d only do it with some guardrails:No customer pickups at the property — delivery only.No signs, no employees, no extra equipment.She must carry her own general liability policy (very cheap for cottage food businesses).She provides proof of compliance with Alaska cottage-food laws.A written addendum stating you are not liable for any business activity and can revoke permission at any time.Honestly?

I am a fan of doing it analytically vs. just carrying an amount.

If your rentals are passive, the losses from additional depreciation will likely be passive too — so unless you or your spouse qualify as a real estate professional, you may need to carry those forward if your phased out of passive loss deductions or if you don't have passive income elsewhere.The tricky part here:1.

Creating extra entities to act as the manager to sign leases, collect rent, or communicate with tenants.

List the second one For Sale WITH TERMS aka Contract-For-Deed, at your full cost of the property + 6 months of carry + any cost of the C4D sale.

Assuming youre a first time investor, I would expect to have to put down 20% of the purchase price + closing costs in cash at closing, and then you'll need cash both to finance the rehab until youre reimbursed by the draws on the rehab loan, as well as for carry costs (loan interest payments, utilities, taxes, insurance, incidentals, etc).