None of this is to scare you away from doing it, because I think it is a needed service, a good thing, and can be a real cash printer, but just wanted to prep you for a potential unforeseen hurdle down the road.Lastly, always make sure that you are compliant with city/county codes and have any required licensing etc.  

We have a large, mostly open basement for our short‑term rental, and it includes a laundry area.

agreed thats a tiny lake  cant see it as much of an attraction personally but Hey us west coast folks are used to large lakes we dont have 10k small lakes.. 

@Clive Smith I have a sample log in format that follows the IRS Audit Techniques Guides (ATGs).

The number always begins with the digit "9" and follows the format 9XX-XX-XXXX) 

Many of these people are business owners who deduct too much on their taxes so banks won’t lendI love selling to Hispanics because they pay on time and have large down payments.

So, if investors have access to 50-year mortgages and largely employed my strategy, then it’s likely that they would crowd out some of the very people the 50-year mortgage market is intended to help.  

But you get the idea, and, hey, it's the IRS own format!]

So, in counties where there are very few transactions, there will be very large swings month-to-month.

Small rental+big city=bored dogs (especially large and high energy breeds).