I'd rather treat damages separately for small claims and inform tenant later.

Letter must be from someone who is currently treating the patient, not off the internet. 

Treat your professionals as if they are partners.

So far, I have not found a single person that could say it has happened to them.Your best protection: know the law, obey the law, and treat your tenants honestly and fairly.Your second layer: insurance on each propertyYour third layer: an umbrella policy of $1 - $2 million.

The tenant selected did not treat the property or neighbor with respect, though paid in full and on time. 

They have been good tenants as far as paying and treat the property well.

Originally posted by @Bob Norton:@Kevin Mejia You get the exclusion on the entire property; however, you will have to pay taxes on the depreciation recapture.No way....it’s like you own 2 separate properties. 1) the one you live in as an owner occupied SFR 2) the other 2 units are treated like a separate investment duplex.  

Ask yourself this question: Do you want to treat your REI as a hobby or a business?

Hey Connor, Airbnb is great when you are treating it as a true vacation rental (1-10 day stays).

We aren't even sure you know how to analyze a deal, how are you going to treat a contractor we refer to you?