Short-term rentals can generate large losses in the first year if you meet one of the material participation tests.

If it is just the one property using a simple app like rent redi or something similar and having additional support docs often suffices. 

True, and I technically have one for comparing them side-by-side now, lol.

I jumped in in 2019 purchasing the property before I had renters, no idea how to collect rent, no idea how to be a landlord, and house hacked by living in one bedroom and renting out the other 4. 

I was wandering several things, I have 40k cash and own the home I live in. I'm in central Nevada with my only debt being vehicles. Where would be a good start for me to invest. At first I was looking at land for new ...

Also if one of them is rural and the others are not it will kill the deal.

Honestly, it would be amazing if there was a tool where you could plug in an address and get all this market intelligence in one place… but I haven’t found anything that comprehensive yet.How do you handle the research side?

One flooring choice.

You can absolutely finish the downstairs — electrical, insulation, framing, replacing the garage door — as long as it’s still one legal ADU with one kitchen and one address.

But need a little more clarity on the "all in one" concept.