Do I just leave it as an expense and the class system automatically classifies it under that class or subclass when I run the P&L Class reports?

@Rosa Regier- thanks - unlikely this would  be  possible ...also - fyi - the  loan pricing for a  "  vacation home "  is   very similar to  pricing for a  rental  property ...so  you  likely  would   be  gaining much even if you could classify it as a  vacation home 

Just to reinforce my point if you would have hired a licensed GC he would have pull permits under his licensed and the Agency having jurisdiction over your project would have not classified your project as an owner self-performing project.

Most of these properties are in NE Minneapolis which most would classify as a C area but if you treat your building in NE as a B building you can crush it.

The way to avoid having your rental activity being classified as a bed and breakfast is not to provide substantial services to your guests—don’t provide them breakfasts, clean their rooms each day, or do their laundry.

Advanced rents are classified the same as security deposits.

Ask the agent, typically they state why in the classified section of the MLS.

@Bob StevensPlease post it on the Classifieds page only https://www.biggerpockets.com/forums/517-classifiedsYou can also go to this page by clicking on the Find Deals tab and select Ads, Jobs, and Other

The current deed has this sentence: "It is the parties [Sic] intent that the property remain [Sic] as one parcel of land for taxation, identification, zoning and planning purposes."

Many FSBO listings are posted on local classified websites and from what I've seen they can about 1/10 of the views that the MLS gets.