Temporary Income Tax Reg defines investor activities as follows:For purposes of this paragraph (f)(2)(ii), work done by an individual in the individual's capacity as an investor in an activity includes—(1) Studying and reviewing financial statements or reports on operations of the activity;(2) Preparing or compiling summaries or analyses of the finances or operations of the activity for the individual's own use; and(3) Monitoring the finances or operations of the activity in a non-managerial capacity.

Is there a resource/website that has a compilation of licensed, insured and good reviewed home inspectors?

We had a nice camaraderie with him on our handful of visits to Florida when we came to work on our properties.Over the years, my partner compiled and sent the accountant the detailed Quickbook accounts as per his request as it would make filings easier.

And the answer is...ChatGPT.Seriously, my favorite AI hack lately for STRs is to compile all your reviews you've ever had from every OTA in to ChatGPT and ask it to search all the data for client sentiment analysis. 

That's how service businesses add value by doing the research and compiling the data and making it available in (hopefully) easy-to-use formats.I'm not suggesting that you have to use for-profit data providers, but to point out that there is value in the convenience.

I compiled a 2 page document that I could submit to the PM companies to answer most of my questions before I even scheduled a meeting.

I give my tenants deposit slips and they deposit the rent, any expenses come out of the appropriate account and at the end of the year I print an activity report and compile income and expenses fairly easily. 

There is sites now that compile data to give a good "read" of what-for-what but I go from my own insight.

When you’ve compiled a detailed and thorough budget, ideally, you should be able to stick to it.

.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.