It might be prudent to monitor market trends closely and consider waiting for more economic stability before making significant investments in STRs.

That makes sense, I feel like I have seen alot of heat around the sector between GPs and LPs so that is great knowledge to know to avoid that in the future.

The multi door padsplit operators have alot of home automation they remote control and monitor including cameras on the front door (not interior), remote managed bedroom door locks, front door lock etc etc.I won't get into either rent by the room or airbnb! 

Realize efficiency and growth by use of technology; form a group that operates together with monitoring this sectors progress over time.

Quote from @Yenusu Shaheed: I work in Real Estate in Dubai and right now Dubai is becoming one of the cities in the world with high return on investment because if you buy property in Dubai starting from 700,00aed you have 2 years visa 1M you have 5years golden visa with your family members , 2M and above 10 years golden visa and the safety of the country when it comes to investors , there Escrow account monitored by the government on behalf of the investors and the developers , cities now am becoming expensive due to high demand. 

We are going to install cameras, but I don't have time watch the cameras all day, so they will be more for monitoring and for evidence, if I need it. 

Not only that, most of the "GPs" had been working in Tech their whole careers and had only been into real estate the past couple of years.Don't get me wrong, we have a lot of very smart passive tech-industry LPs, but you want a vertically integrated machine of humans with deep real estate experience.

They do not have someone monitoring county records at all the counties in the country to see who is changing the title. 

For future years, we probably wouldn't meet the 500 hours test (though we still do participate a significant amount as we periodically re-stock supplies at the place, handle most maintenance issues due to shortage of workers in the town, and monitor sensors during guest stays - leak sensors/heat/stove).Specific Questions on Depreciation:Assuming that I have the qualifications for non-passive activity, I then have some questions on bonus depreciation and related stuff.5) It is my understanding that Qualified Improvement Property (QIP) bonus depreciation is probably not useful for me because I did most of the renovations prior to placing the property in-service (save for a few things).

Seems clear they are running a 'fund' model and they are not the lead sponsors/GPs.