Then I also have asset protection that limits liability to each property and other layers of legal protection that makes it unattractive for a lawyer to try to pursue anything with my business structures.

10)What happens if I become licensed, but then for some reason pursue investing out of state, and relocate there?

We want to pursue bigger commercial apartment deals with 20 to 60 units or more. 

I've talked to an individual I work with now, who has obtained several business licenses and has made the comment multiple times that I should pursue obtaining a license as well.

If this is something you are really interested in pursuing , I would recommend you get your CCIM designation at www.ccim.com.

For example, if, in an 18 hour waking period, you spend 2 hours snooping through the AirBNB, writing down the makes and models of appliances, figuring out the distribution of the mini shampoos and inventorying how many cooking supplies your hosts are providing and the thread count of the sheets, then an auditor might allow you to take 10% of your total trip expenses as a deduction.If, however, in an 18 hour waking period, you spend 6-8 hours per day interviewing Hosts, researching which properties would make good AirBNBs, researching the local laws, touring properties, meeting with an agent and vigorously pursuing your next acquisition, you'd have a MUCH better case for writing off your travel expenses (but probably not your lift tickets and equipment rental).If, on the other hand, you are traveling and on vacation and just hang out in your AirBNB without actually performing any activities, then the odds that an auditor will allow any deduction at all is pretty minimal.In any audit, it would be up to you to document the business purpose of your trip.  

As a whole saler would you pursue something like that?

there is a lot information you need, but by all means pursue this right away, and good luck.

I am a young investor from Nashville area Tennessee and I am pursuing a few deals in the Jacksonville, Florida market in the multi-family segment.

However I will pursue the deal that makes the most sense and wanted to confirm I am on the right track in regards to my understanding of tax write offs.