Residential property rental: Could this be a scalable and profitable approach, or is it too risky?

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

Is this a concern for other users?

There are a lot of articles, books, etc.

For example he is trying to place a bookcase door to access a small amount of storage from the bathroom.  

This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

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.

Focus on running a clean operation rather than perfect technical compliance.Pro Tip: Your biggest risk isn't the IRS - it's partners who might complain to the IRS.

@Joey Chalhoub This decision should be read narrowly to address statutory frameworks such as MN where state law permits it to take property to satisfy real estate taxes/penalties/interest, sell it, and keep any surplus outright.

This approach gives you access to better loan terms and makes the investment more feasible.In my market, the BRRRR strategy only works if you purchase an absolute steal from the seller—and deals like that are virtually nonexistent.