I even have a friend who received an unfounded complaint from a neighbor (the neighbor was just against STRs, no events/parties that occurred), and now their property is temporarily banned/under review, regardless of them abiding by all rules.

No transfer tax should be involved (see Garn/StGermain) as opposed to an LLC transfer. 

Due to personal faith based reason, I prefer to only invest in all cash deals that don't involve traditional financing (so typical passive RE options like syndications, RE funds with fixed returns, REITs etc are not a viable option for me).

It is a rare off-market property that does not involve work and/or have risk items.  

Expect to allocate less time  towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).

Many factors involved: 1.

Who pays for maintenance is determined by the written contract between parties, not a list on the internet.

If either of them were to stay involved, it could cost you money and you would collect less.Send it to collections yourself.

In the operation, you should use a third party dynamic pricing platform that will adjust your night rate automatically based on the data they have in the area. 4.

I believe that when determining value in commercial real estate part is based on current rent.