I don't mind the organization side of things in terms of booking, etc. but would not have the ability to physically turn the property over. 

However, and I don't know anything about AirBnB in Denver, but my biggest concern for this project is the ability to consistently rent the basement for $1,800. 

The ability to clearly show that transactions are conducted in a way that proves the separation of business entities is key. 

It hurts the tenants ability to find another rental, nobody wins, and it takes forever costing you money. 

you do have the ability to close your account at any time. 

Your ability to accurately estimate costs and efficiently manage renovations makes you an extremely valuable partner in any deal.

However, we just started STR property management and it would be very helpful/look more professional to have the ability to esign contracts, autogenerate payout statements, direct deposit payouts, ect.  

My memory is a little vague but it was the ability of buyers to finance over 30 years that helped flip the properties for a nice return. 

You want to be careful not to bite off too much on a first purchase so maybe if more four units or less or available that could be a better starting point with less risk and more ability to learn without potential loss.

You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years.