I guess that's not huge, but it feels like a lot especially when I try marking up the cleaning fee to guests to account for the Turo fees. 

Pick a market and begin to study it. 

An environmental impact study?

I am studying areas (zip code by zip code) with income levels above 45k and employment rate less than 3%.

I just came from the bank to open a bank account for the newly formed LLC that will hold the property I am purchasing.

Professional Advice Consult with a Professional (both an attorney and an accountant)! 

So after a recent call w our amazing accountant he said something that hit me hard. 

The loan application will ask about the assets you need for the purchase (down payment, closing costs, and reserves), and you will need documentation for those accounts (most recent statements). 

My accountant said as long as I keep all receipts for proof the money was used for renovations then it would be fine.I'm also wondering can I put 20% down and put the remaining funds into a new bank account that is separate from my personal accounts.

My biggest concern with cost seg studies that produce a large rebate is does that flag for audit.