You're giving up some good tax benefits since you're in the tier of taking itemized deductions.

When I'm figuring out how to price an Airbnb I always cross-reference AirDNA or PriceLabs to get an estimate on what the income would be.

For the last point, it's referring to a window egress.

@Tannia CastroRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

There are other ways to determine rental amounts like researching in zillow and/or rentometer, which I typically reference.

For reference, we currently build 1 million homes per year just to keep up with current demand.

Are these the only items we need to document?

A savings to put deposits and another account for everything elseyou don't need separate bank accounts as accounting software will classify all of those items.

@Ilir Livadhi I think you are referring to property wholessalers telling you how much the rehab will be - and as you see, their numbers are often not based on reality.

I'm guessing you got the same letter I received from REVA, although mine was in reference to a different DST - Reva One.