And bigger tariffs that he's supposedly going to roll out is going to make things worse.And then what happens is that the other countries respond with tariffs of their own and that costs businesses here to lose revenue because now their goods are more expensive with the added tariffs in those overseas countries.Again, I think there is a place for tariffs. 

Congrats on adding more doors!

Travel costs being deductible will depend on the purpose for the travel to the area.If you have a rental in the area, then they are deductible rental costs.If you don't have any rentals in the area, they may be explaratory costs and may need to be added to basis.

While personally I'm interested in growing my portfolio of mid-term rentals around the Raleigh Triangle market; Professionally I will be connecting with dozens of investors on a daily basis and would love to provide added value by offering access to a wide range of real estate support services.

I’ll get it added to our backlog

I'd recommend adding those as they'll adjust your returns.  

I thought maybe I could recoup most of it by added a $10 or $20/night extra guest fee.

Significant improvements excluded were homes that after the 2017 sale were torn down and built new, large renovations, additions added, extensive deferred maintenance addressed. 16 of the 152 homes were excluded leaving 136 to further analyze.Obviously there is some subjectivity in determining which homes had ‘significant improvements’.

In 2020, I added wholetails, novations, and double closes to my toolkit, which allowed us to consistently achieve higher profits and scale our operations effectively.

Adding PM cost into the calculation to give some buffer is probably smart.