With today's high interest rates, it usually doesn't make sense.

The short-term rental (STR) loophole allows for different treatment of rentals with an average stay of seven days or less, but this doesn't change the REPS hour requirements.There is no official IRS form specifically for documenting REPS hours.

It doesn't mean they are a skilled manager.You should do your own research. 

As a professional we have minimums for a standard 1 month security deposit then if someone doesn't meet that standard we allow for a less perfect tenant but they have to put up a greater security deposit and other fees.

Not trying to scare you, but a lot of lawsuits happen because the landlord doesn't follow fair housing laws, or simply neglects repairs etc.

A prudent investor doesn't seek quick riches through shortcuts.

Telling sellers everything wrong with their house and justifying your offer with repair costs doesn’t build trust—it kills it.

I would search the BP forums because your tax / legal related questions likely have already been asked.However, it doesn't hurt to still ask the forum what your questions are.

A financial calculator and legal pad might work in the hands of someone who knows what they are doing, but that doesn't mean it's the best way to do it.

Doesn't matter if it's his 10,000th deal or his first, same fundamentals still apply.Hope this helps!