Chances are you’re the one that wanted it a different color. 🤔 The rooms are lime green and bright purple. for a rent that high its not unreasonable to ask for the rooms to be painted a neutral color. 

As Jay and Jamie have stated above, a minimum of 6 different factors play into the pricing, but it is not an all or none issue. 

They spent 1K on them from upwork and it helped resolve concerns in the meeting real time with some neighbors had who were just picturing the project their own way which was completely different than what the emerging developer was proposing. 

Before I was married, my priorities were different. 

I found out in my jurisdiction that medium-term rentals are classified as long-term rentals and therefore have different laws.

With TOU service you charge it at night for 5-7c/kw and use it during the day to arbitrage the price difference. 

David OrrTax Modern Hi David,What difference does it make if I need to file 1065?

If they do not qualify because of poor credit or income issues compared to being self employed etc there are differences - but typically people don’t qualify due to poor credit and people will seller finance to these borrowers thinking they woke up at a holiday inn and got a finance degree when in reality they repeat their past mistakesRemember the definition of insanity is doing the same thing over and over again expecting a different result

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Rud, Syndication deals (and crowdfunding deals which are essentially syndications that are allowed to market over the Internet) can be set up in numerous different ways.So there isn't going to be one single answer for this.To answer your question, I am not an accountant and you should always consult with your own tax accountant before making any investment decision.