Quote from @Michael Lynch: People rarely talk about the amount of effort involved in operating a STR.Never sell a property unless you have a clear plan to reinvest the money into something that will perform better or move you closer to your goals.

I am a CPA operating a firm myself.

We are looking for an attorney with experience that can construct an operating agreement for an LLC for an acquisition of a multi family property in the state of Arizona. 

How about "Beyond The Pro Forma" - Hidden expenses and revenues/opportunities as you operate/asset manage a property....

My Realtor has since voiced that there were bad operations on the team and multiple mishaps with other clients — Realtors putting amendments in front of clients the day of closing and their inability to effectively communicate with clients the amenities of the units.

A spreadsheet has its place in your daily operations and tracking efforts, but I highly recommend starting with a software like QuickBooks Online to track your expenses in a more formalized manner.

These are all mom-and-pop operations, so setting this up was easy.

This ordeal has shed light on the risks associated with relying solely on fintech apps, particularly those that operate without a banking license and depend on third-party banks for processing.

My wife and I own 4 units and operate a 5th as an MTR arbitrage, and we definitely use furnishedfinder.com as well as AirBnB and Vrbo (min 16 day stay and no instabook). 

Interest income from fix & flip loans is typically considered passive income and not subject to self-employment (SE) tax, but other fees like origination fees and loan servicing fees might be subject to SE tax, as they're seen as part of active business income.However, because you're operating through a partnership LLC, some accountants might interpret that income as ordinary income, which could be subject to SE tax.