It's mainly a sliding scale up and down so pick which works best for your strategy. 

The sliding door handles were broken.

My wife loses us money every year being a realtor but she likes to see her face on the placemat at the diner so I let it slide.

I forego better "cashflow" opportunities, but look for greater appreciation opportunities - they're generally on a linear "scale", opposite from each other, but blend as you slide along that scale.By setting your buy-box, you can at least narrow down your search.

Or could you demonstrate that it was always a short-term rental from the beginning simply based on your listings + the several guest stays in the following year(s) during auditWithout specific guidance, I would take a risk-based approach, and call it an STR if the intent and preponderance of the subsequent actions suggests it from the service date.Is there a tax court case that establishes this?

However, a few of the sponsors I am invested with have since shifted to a 506(c) focus for their subsequent raises.

Not sure how that would work as a 1031 exchange means you are selling one property and exchanging it for another so the 1031 works for the 2nd and subsequent properties but not for the "first".I realize you are learning so just wanted to point that out in a friendly way.

Even covered the ugly TV with shaders that slide.

I believe that the notice and my subsequent timely communication and refunding of the payment would handle that issue if it came before a judge.

Subsequent steps include credit assessment and, upon agreement of terms, submission for underwriting.