@Dana Yobst While it may seem like a simple concept, it's actually a very complex process that requires significant documentation as well as specific methodologies.

Does a cost seg or bonus depreciation actually help you in any way? 

Our company is actually starting an Asset Management Mastermind to address these infrastructure issues and share our systems and procedures.

The increasing barrier to entry results in fewer new STR's coming available for sale, but also fewer options for guests to rent. 

I just want to hear some insight from people who’ve actually done it.

I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.

You can still achieve it, but finding deals that actually pencil out on all criteria (low enough purchase price, low enough renovation cost, cash flows on the backend, all cash out at refinance) is pretty hard.

Set a goal of 60 days to educate yourself and dedicate 30-60 minutes per day actually doing it.

Again, I am sorry that your expecations were not met as I will always try to be honest, straightforward and respectful to all of our guests".It is a shame that one reviewer can hold so much sway, but sometimes the host's response (if done well) to a negative review can actually draw me to a property, rather than dissuade me from booking.

I've done a lot of research and even worked on running numbers for certain options (just as an exercise), but I'm now looking forward to jumping in.