The targeted returns are net of all fees.

Just make sure to check if the comp is primarily a STR, which might make the mid term rates look higher if that listing is not targeting mid term bookings.

Capturing just 0.2% of that market equates to $36K (my high-end target of revenue). 

With this you can target areas and cut out the middleman.

I have targeted absentee owners with high equity, homes owned longer that 4 years and etc. 

While there are several reasons why you can be targeted for an IRS audit (including running for an office, it seems), the most common reason is the IRS computer finding enough "red flags" in your numbers. 

I did not want to chime in, but @Shawn Regnier targeted me specifically and even reached out offline, so I guess I have to. :)First, I wrote this loooong post on tax strategies and on abusing them.

I ended up paying 25K and they hauled out 120 thousand pounds of trash.

I hate to call people out but the gentleman above refused to provide adequate insurance coverage and insisted on pounding on my processor until she broke down and cried one late afternoon. 

Quote from @Chris SeveneyAnd a moving target.