If you have any significant loss issues (frequency / severity) due to wind/hail in the recent past, you could see this minimum deductible set at $15,000 - $25,000 (per building). 

We set a $1k minimum for properties that need less than $100k wire. 

A good freind of mine set up an STR in a similarly lenient area and found that they could focus much more on guest experience rather than the administrative hassle.

Ok @Jesse Valdez, you have set yourself up for some real problems.

This misunderstanding stemmed from incorrect lease terms indicating washer/dryer access when we did not actually have any washer or dryer set up.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

If you can't perform to the new standard were setting, I strongly suggest stepping back and hiring one of us who are setting this new standard. 

However, nearing retirement, with our past experience in mind, we decided to try it again, this time just rehabbing one house to flip.So, I set up a self-directed IRA so we could use the retirement money we had left after the recession, and bought a foreclosure house that needed a lot work.

Companies have considerable flexibility in choosing where to set up new operations.

We eventually plan on adding more properties and its not whether we should or should not create an llc, I believe we are set on it.