So the options are: You are a GC and are self managing, you are hiring a GC to manage, You are self managing and hiring your own subs, you are managing and actually performing the work.2) As far as municipal inspections go, you always need to pull a general work permit per se if you are going to be demoing and then doing an interior finish. 

By calculating this, you temper your ability to perform and are able to recognize viable opportunities.

well i get it.. however if you do a lease option with non refundable option money up front and they fail to perform your done.. kepe the money and resell.. if this is the pac nor west things are still moving briskly for development ground..

Ask them if they own STRs in the areas you are interested in or have access to actual performance data in that area through a property manager or cohost

The biggest tip I can give is to use classes for each property that you have so you can see how each property is performing. 

If we decide to do STR (I think we will trial it), some of the best performing 2BD Airbnbs have average gross incomes of ~$49k/Year (~$4k/month).IMO I think furnished rental house hacks have so much upside.Is anyone else out there combining house hacking with furnished rentals?

They find the reporting useful month to month to see how their properties are performing but also everything is done come tax time. 

@Chelsie Hall In order to utilize cost segregation in your depreciation calculation, you would need to have a cost segregation study performed.

We also own one on the Atlantic in Daytona Beach Shores, Florida which has performed very well.

However, while utilizing one has no costs involved, it performs the best from a tax standpoint with properties that have a gain of $300k or more.