Second, I'd connect with some local hosts in your area also in addition to Airdna.

Additionally, working in a small-town market taught us how to effectively price properties for faster sales without compromising profit.

To simplify the existing lease I thought about asking the tenant if they would be ok modifying the addendums to get rid of the resident benefit package and the building protection plan. 

.- Depends on what you're doing specifically, but usually I'd recommend getting an EIN at least to give access to business bank accounts- Repeating #1, if you're going to a property and 100% of your time is spent doing renovations and the like, sure, but if any of it is for personal benefit, that'd be disallowed.

They will mostly just split their occupancy rates on multiple platforms without getting too much benefits out of it. 

Do you have additional capital to add?

Helps you stand apart from similar 4 bedroom homes and if you choose to pursue a rent by the room strategy in can create additional cash flow.

I think some min level of regulation benefits everyone, including wholesalers who currently operate in no man's land. 

In addition to these you can find information about appreciation.Many of the people recommending expensive properties are doing so because of appreciation.

The mortgage would stay under the seller's name.The buyer could then rent out the unit, renovate, etc. to increase cash flow or make more money.But aside from a possible "due on clause" being called by the mortgage company, what's the benefit to the seller?