Based on our understanding the SHA can cover that cost, and it'd be a benefit to the tenant since they've had issues covering utility costs in a timely manner in the past.Our questions:- Can anyone else that works with the SHA confirm they let roperty owners include a flat rate utility charge as being covered?

I would normally just call the VA to confirm these things but it's Saturday...so I'll just wait to see if Jason has anything different to say here.Thanks!

IRS CCA pretty much came out in 21 and confirmed Sch C is incorrect for MOST STR owners unless you provide substantial services.

How many months interest reserve held at closing?

I will consult a CPA to confirm this.

They will be able to determine that based on your income and reserves.

My ultimate goal is to build up a cash reserve for each property in the amount of around $15,000 which would be enough for most expenses I would incur.

The data is pretty accurate on Air Dna, but you should still confirm with boots on the ground. 

I imagine you already did this - but if not - review your CC&Rs to confirm that MTR/STR is allowable in your neighborhood.

For example, I have a small HELOC on one property I keep as an emergency reserve and to take advantage of occasional opportunities that pop up.