My wife and I currently make about 175k/ year before taxes and other deductions.

Also can you deduct cleaning expenses (dirty bathrooms, showers, appliances, not wear and tear)?

Obviously pricing will range on many factors, but we are getting quoted 9k a year with a 1k deductible which I think very high.

You could also lose other deductions.

By the side, I attain an agent license and be enroll under the very same broker and if the company does well, apply for my own broker license in 2-3 years as I become eligible and hence remove the broker from my company (just a thought).

If the property is bought and sold in the same year, it ends up being deducted. 

If you sell property you held for rental purposes, you can deduct the ordinary and necessary expenses for managing, conserving, or maintaining the property until it is sold.

It is one of those areas where you can get deductions on if it is deplorable, but no additional credit if it is stellar.

This seems a little absurd as it took me one year of oversight to be eligible for a license as a CPA :-) and a broker needs three years of oversight as a salesperson.Can someone please give some legal insight on to what they're seeing in the NJ market for this because I am positive that people are not providing license numbers to be super hosts on these platforms.Link to previous thread: https://www.biggerpockets.com/forums/530/topics/739844-need-advice-on-serving-as-short-term-rental-property-manager-nj?

If I pay a loan off completely, can I deduct the wire fee?