That fee went up to $20k in Season 4. 

Unsure about STR regulations in Charleston but I would advise you to search "arbitrage" on this forum and read up on the hundreds of pros and cons responses here before diving in to any market using the arbitrage model.

I probably would have tried to come up with a way to do 2 bedroom so that we could sleep more.

That's up to your goals and long term strategy.

But, yes, it sounds like simply looking at your numbers and determining whether or not you can absorb a salary is the time to consider it. 

I need to redo the roof of the house lift up the second floor, the entire front deck of the house, demolish the old stucco, And replaced a lot of rotten wood and messed up beams.does anyone have any recommendations? 

So many hosts waste their prime real estate with Airbnb (the listing title) on generic adjectives and throwaway opinions. If you want more clicks, get straight to the features that matter most to your guests. That mea...

Thanks Brittany, I am ok with the risk mostly because of a health back up income.

Since it was over 12 months with my HML, I ended up taking the property under my name with a 30-year conventional loan.

Few left were broken, never cleaned.