Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Here, we will focus only on a December-specific question: how can I meet material participation if I buy an STR in December?

My criteria is a specific set of numbers with dollar signs in front, not percentages behind. 

The city just passed a very confusing zoning regulation restricting student housing to a specific area, and we're all trying to figure out what the fallout will be.

Therefore, I try to find a more user friendly web site that can distill the above into something that is readable.  

That said, I think it’s impressive that you’re able to manage this with fewer accounts—hats off to you for making it work efficiently.For me, having accounts like income, operating expenses, marketing, and taxes gives each dollar a specific job.

If you're not set on a specific market, it's worth waiting until you choose, as forming the LLC in your target state can simplify compliance, property registration, and taxes. 

I also have every guest sign a rental agreement, whether on or off the OTA's, that states the specifics including the cancellation policy, so I know they have read it outside of the booking information.

Alternate rent models can work in specific situations, but as you said, they aren’t always superior to traditional LTR, especially after the costs and effort. 

Yes, it is possible to obtain a second FHA loan, but only under specific circumstances, as FHA loans are designed primarily for owner-occupied properties.