Hey Tate, here's what my commercial lender @ US Bank uses for pro forma debt coverage calculations if he doesn't have 2 years and YTD historical data (basically, seller's schedule E's)Vacancy: 10% of gross rents, unless there is sufficient market data at the bank's disposal to justify lower vacancy rates for the type of asset in question, OR detailed historical vacancy data from seller.Management: 3% gross rents or actuals, whichever is higher, with property management agreement provided to close.Cash Reserves: 3% of gross rentsTaxes: Actual data used.Insurance: 3% of gross rents, or as shown by insurance policy.Operating reserve: 20% - 25% depending on the type of asset and amount of historical data provided.

I went through the e-file process for a new LLC in CA. 

If you're operating a short term rental that focuses on <30 day stays, you should consider a Schedule C business.The 2018 Schedule E tax forms has a box for Short Term Rentals but I'm not clear what they have in mind.

Originally posted by @Lynnette E.

Yes, especially with the HOV/E-pass being extended all the way to Fredericksburg!

@Alan E.

About 90% of inquiries from prospective tenants on Zillow click interested (without answerIng my pre-questions) but never respond to my reply e-mail.

Thank you @Alan E.

@Nancy E. and others,Thank you for your interest in my thread.

@Lynnette E.