Could VRBO users from Michigan provide some clarity about the topic of sales tax/lodging tax collection and payment to the state.

It's not illegal provided you're dislosing it to all parties and not trying to actively hid it.

This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.

I than let them know my top choices for PM/TP provider in that specific market, not just my own but whoever I see as current best, and what there rates are.     

I would provide the capital and otherwise stay passive, but hopefully grab better profits than private lending?

You can also search for local FB groups that specialize in longer term stays.

I'll provide some tips below.2.

You need to provide a bit more specifics about the property, about the insights you want, etc.  

Contractors, unless you have a working relationship with them, normally do not want you bouncing ideas off them.Understand what their hourly rate is, have a discussion with them that you are okay with paying them an hourly rate if they walk the property with you and provide you a scope of work along with an explanation of what you can/can't get away with in regards to improvements.ask them if you go with them, if they can credit you the amount that you paid.Once you develop a working relationship with a few contractors, you can bounce ideas off them and expect quality responses.I do not invest in New York.Best of luck. 

This is my first deal and I wanted something to provide me stability for future me