My understanding is that if you provide 'hotel-like' services, provide sheets and towels, and your average stay is less than 7 days, you can use Sch C instead of Sch E like most rentals.You got good advice here, but definitely do not trust what your Tax guy says, because they just don't know.

Looking forward to connecting with you. best strategy I've come up with after 10 years of experience in columbus is to build new construction multifamily with equity. 50k land purchase, 10k soft cost / rezoning / permitting, 300k hard cost, refinance and is worth 500k. build - Rent - refinance - repeat. if you want to buy old properties I would but no agent is going to stay on with you and you only get some diluted version of what they call a contractor who probably isn't licensed.

I am not pre-approved yet as I still don’t want to get a hard credit pull when I am between renting and buying, but I have contacted a local broker to get a soft pull and a rough idea of what I can afford as far as rates, MIP, and down payment.

If there are interior stairs carpet them. you could add soft close hinges and carpet bedroom. 

Is Sam's Club the best place to purchase pots and pans and other Kitchen supplies, as well as Bath towels, Sheets etc.?

It’s possible I did a poor job of explaining this, this isn’t really a service for investors per se’ in fact I would probably in an ideal enjoy doing this more for primary home buyers, this to me is an alternative to the 2.5% commission model, you cut out the most time consuming and often in my opinion least valuable part of the job which is showing people around and opening cabinets and seeing if they are soft close or not lol (I presume in this new world there will be more open house, more showings by listing agents, possibly more services that allow buyers to show themselves houses like the Redfin does on some of its listing) because of that plus the guarantee of getting at least something for your time allows you to theoretically charge much less while still providing the important parts of the job, like you should consider this area, let’s go over this home inspection repost, here’s how we should craft an offer etc, even spending time explaining rent vs buy calculation and personal finance etc, plus the being able to be paid regardless of your advice, I’ve had countless clients who has just a myriad of bad ideas I’ve talked out of, but of course you don’t get paid for that in this commission structure.

Yes for my fund that I GP and for my personal investments we are leaning in to this soft-er market for buyers and pickup up great deals.

The decor doesn't need to be expensive, she thrifts a lot of vintage pieces and orders the majority of soft materials and bedding/mattresses from Amazon, but you can feel the difference between a professionally catered home and a less curated space. 

We made around $50K profit after soft costs.

Have carpet cleaner, clorox wipes, rags, sponges, paper towels!