I'm currently spending time learning as much as I can from various resources including books here on BP, accumulating capital and structuring my strategy. 

When he applied for the garage permit he included this statement to the city certifying that the coach house was neither commercial or residential and only used for storage. 

There, you'll find detailed information on investing—both in general and specifically in Las Vegas.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes ALL property types and price ranges.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents had another slight drop MoM ($1.18/SF vs $1.19/SF).

Finally a LTR furnished is often furniture only, no furnishings, no dishes, no linens or towels, while a MTR would most often include the same furnishing as a STR.  

Many lenders offer DSCR financing for commercial properties, including self-storage facilities, especially in the $700,000 to $1 million range. 

Key elements include paperwork, third-party inspections, and critical dates for due diligence and closing.

Any help is appreciated as I'm trying to get a better grasp on evaluating short term rentals including the steps you go about to finding your target markets.

Hi, great questions I would definitely contact the Turbo Tax CPA tax expert department, and they should walk you through the whole process that is included in the program services that you paid for with Turbo Tax. 

Hi Lilly,Having an LLC has some advantages compared to flipping including the ability to deduct business expenses like mileage and meals, which can lead to significant tax savings.

Listing now can attract non-FHA buyers, while waiting may broaden the buyer pool to include FHA buyers once the 90-day window is over.Good luck!