I also included a SWOT analysis for MTR in Las Vegas.Profitability Depends On…Mid-term rental profitability depends on four factors:Keeping the property filledThe ability to charge significantly more for furnished housingActive support of tenants, so we get good reviews.The right renovation components to keep maintenance and turn cost low.Success FactorsI believe the following are key success factors:Location - Not just near hospitals, MTRs must be in a safe and attractivelocation, with direct access to freeways, retail, and entertainment.Appearance - The property must be attractive, clean, and a good placeto live.

The suggestion is you need to have the ability to come up with that down payment to pay the seller off in an emergency OR just sell the property and pay everyone off!

To me it seems like a decent compromise in the need for housing and the ability for home owners to make decisions about the highest and best use for their own property.Currently working on being able to put an ADU on a SFH property in a Denver metro suburb and the process is sooooo cumbersome, so I am glad that hopefully others won't have to deal with that process for much longer

Basically artistic differences. 

I never heard of them and I don't know them so nothing I say here is a direct reflection of their ability to get you to be successful.What I can say is that I understand what it takes to be successful as an investor.

We generally 100% require escrow - this seems like something that could probably be figured out - we do have the ability if needed in rare exceptions to waive insurance escrows however - usually we only do so in cases like condos or PUDs where the HOA requires insurance through them and they take care of everything.

Whether that is the ability to find needle in the haystack properties or situations, take on a serious fixer, self manage in a market that is remote and tough to self manage, or some other situation that most investors don't want to take on. 

Does 469(h)(5) specifically mention ability count spouses material participation even if filing separately - didn’t see this ….

I do all of this so as to avoid/not-having-to-comply-with the the provisions within the Dodd-Frank Act which require lenders to vet borrowers as to their ability to repay the loan. 

The reason being you are correct, many times the borrower is not qualified for the loan, so my response to that is why do I want to give a loan to a borrower who does not have the ability to repay.