Ultimately it is either a long process to get a check/fix, or they deny the claim.    

Also check if there are any boarding house regulations in your area that would impact you. 

But it might be a good idea to raise rates each year or so by $50 to $100 because it can communicate that you aren't completely checked out, and you value your property, your time, your investment.

As always with accountants, it depends. 

Hi Matt, also check right here on BP.  

Check out Zeona's book 30-Day Stay on sale THIS WEEKEND for Black Friday.

For that, you'll want to ensure your LLC is already set up and approved in the state where you’re operating.Most lenders are fine with the funds coming from your personal account, especially if the LLC is newly formed.

Nature campaigns, direct mail, text services, accounting, etc all in one place. 

Go out to AirBNB and VRBO and check the area where you are looking.

However, I've learned a lot from that experience and am willing start over again- Make sure you stay on the top of them and fully account for the draws being taken as if they (Builder) have multiple projects I've seen where one individual's draw gets comingled with another property.