This is all market dependent obviously but in general I think this is just a correction not unlike corrections in any other market - people adjust and things move on, just not in the same way.

Here's time & money an agent or PMC needs to spend to get a rental listed:1) Make sure it's clean2) Hopefully, take professional pics and just not use the camera-phone3) Take room sizes and note positives and negatives about the property4) Since most rentals aren't advertised on MLS, research multiple sources for rental comparables to determine rent.5) Write a GREAT ad for the property6) Syndicate or manually enter the ad on numerous websitesThen, once published for rent, how much time do you think they spend taking all the phone calls (most of them from idiots who don't take the time to read the ad), doing all the showings, chasing applications & supporting docs, processing applications?

It was really tough to do at our scale but if you are SUPER on top of things you could manually make blocks once reservations come in. 

I used it as a reference manual so that I could sound "smart like" to all the contractors we used, which in turn later helped me develop many of the processes we use today.Second, who are you more excited to hang out with in April when you come out to Seattle to visit. 

*I do not wish to trick my employer or any financial institution, I simply want to take advantage of the 5% multifamily down-payment and flexibility of my corporate job. you need to notify your employer where you are living and adjust your employer taxes as well as each state has different employee/employer laws and benefits.Regarding marking remote or wisconsin, not sure where that comes into play.

If your units are larger, the appraiser will make the necessary adjustments.  

Think about it... its unfair for them because 1) They don't know the deal risk profiles nor the operators, 2) They don't know your future deployment plans to account for your estimated Adjusted Gross Income (effective tax rate) for the next few years, and 3) they don't know how much depreciation is going from the plethora of investments you look to go into.

I extracted it manually. 

Here's a list of the 15 things we've identified that every STR needs.1 - An extremely detailed HOUSE MANUAL to make it easy for guests to follow the rules and enjoy themselves.

There will be opportunity in the next year or two as real estate prices adjust to meet economic reality.