Its the nature of our business. 

Hello BP,The Producer Price Index (PPI) is a valuable metric to monitor, as it measures inflation from a business perspective (what businesses pay for services/goods) that isn't always reflected in the Consumer Price Index (CPI) or "inflation" which is commonly discussed in headlines and among other investors.

Quote from @Palak Patel: Hi everyone,I am new to the rental business and just purchased my first rental property.

I own a mortgage company, so I have my loan officers use this Fannie Mae income calculation tool for all business for self borrowers: https://singlefamily.fanniemae.com/applications-technology/income-calculator .

Although most of my stays are <7 days, I've had a few longer stays (business travelers and a family that was going through a full home remodel).

Every loan and bank will have its associated fees and cost as its the price to do business but if you see more leverage in tapping into existing equity that could very well be the case.

Fast forward a few years we are we financially free via house hacking and owning small businesses (leveraging our house hacks as collateral). 

Are in any business affiliation with Dustin Ruhl? 

Quote from @Gregory Wilson: A few things there, Brendan.First, an LLC with you as a member and your (wife, son, pal, etc.) partner as a 1% member will file a Form 1065 which is about one tenth as likely to be audited by the IRS as a Form 1040 with a Schedule E rental activity (which I presume you will attempt to show is an active business).Second, you want an LLC because when your local Alabama handyman drives his girlfriend's uninsured truck into a van load of U of A medical school interns on I-22 when he goes  to get some shingles for your roof, on your business, you don't lose everything you have or ever will have to an uninsured claim. 

I guess you need to ask yourself if you want to be in the event business.