But after a brutal audit on two years of my LLC returns my wife insisted on me going to her NEW CPA.

My wife worked auditing quite a few for a CPA firm and fraud, negligence and incompetence are not uncommon from HOA. 

Is the $70K real from the audited I&E (ie does it reflect the actual vacancies)?

I read financial audit report from those STR-company.

How to audit information that sellers lie about, Realtors mistakenly provide and Bankers overlook.

If you are the only client, you are an employer.Now if you are not worried about an audit then I would be concerned with what type of work they are going to be doing?

But, keep in mind, that anything that you do that looks like you are holding for sale vs. holding for investment can and will be used against you during an audit.

@Robert Glennon, the only thing that glared out to me is: can you PROVE your assertions when it comes to say, a Tax audit?

An unsecured credit line option can be used to purchase, rehab, and flip real estate, allowing you to leverage our resources to do more deals, and increase your bottom line on each and every property.There are source of funds in the market place that our experts have established relationships by auditing banks and compiling a list of those whom lend to businesses without reporting the business owners or investor’s personal credit!

We invest exclusively in the midwest and have found an audited return of 31%+ over the last 12 years.