Your a troll because you intentionally selectively quoted me in an attempt to provide the narrative you wanted and because in spite of being told numerous times that leverage is a big reason RE can produce great returns you choose to repeatedly use your in leveraged example.

KBKG was the first company ever to launch a self service software for properties this small and it has been through IRS audit numerous times.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software has extremely helpful features like online payments, marketing syndication (click a button,your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

I would typically consider normal wear and tear, unless there were repeated attempts to mount the TV unsuccessfully, such as missing the studs multiple times, which I have observed on numerous occasions.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

The tool we implemented was Price Labs which has a feature that allows you to adjust minimum stays based on how far advanced a guest is booking. 

As a general rule, you can have multiple disregarded/passthrough entities within 1 QBO subscription (Plus) and keep up with each entity using the location/business feature.

But to me, if you can't point to a specific numerical level and say that such a level is dangerously highly and inherently risky, then I can't help but worry for that person.

But after 45 years in the business, I can tell you that my general feeling is that the "Subto Guys" are different from the numerous BS guru/mentorship programs we see out there.  

While you can supply important information to the appraiser, such as recent improvements or distinguishing features, they must ultimately provide an impartial market valuation.