We are currently using Excel for the most part for tracking the rentals, and using a third party account servicing company for tracking most of the seller financed loans (Weststar). 

You should also have in your house rules on Airbnb that the person booking has to be staying there, you will not allow third-party bookings even on short term rentals.

It was a win-win for both parties.

They simply do not respond emails.The worst part is that they do not respond emails or address any question, their client service contact is a nice guy who does not know anything and rely on Jay Walsh for information but he never responds.

I would definitely, 100%, get a good level of liability insurance if you're going to have it as a rental, and even more if it will be a STR, where people will be on vacation and probably partying.

For example, any expenditures on carpeting will go into a different depreciation bucket than concrete sidewalks.The harder part is the cost segregation of the original structure and you can follow one of the half-dozen ways the IRS allows you to do cost segregation.

So I’ve had this happen twice in a relatively short period of time and I’m a bit confused about it.The first time it stood out I went and looked at a property and I told the wholesaler I could only give X and they guilt trip me saying they only was making 5k as it was.So we did an assignment of contract and I agree that they needed to make something and it was a marginal deal for both parties.

Do they have a FB page with their dogs and say they don't have pets. is it all about partying.     

Sorry I had forgotten to confirm your request.Again, I hate to be the party pooper I don’t agree that comparables sell for $300,000.

It's essentially Stessa partnered with a 3rd party bank where the rent payments are ACH-ed into and it is a high yielding account.