Bonus depreciation is an incredible tax benefit, but when you take the time to combine it with the right property and sponsor, that will prove to be a wining formula.Disclaimer: I am not a tax advisor or CPA.

The str is coming along and isn't in a tourist area. 

The VIPs were also served breakfast, lunch, dinner, and snacks along with premium beer and fine wines and deserts on Friday and Saturday and Breakfast and Lunch on Sunday.

LEts just hope that the deals were analyzed property in context of worst case scenario so that when worst case scenario happens they still have pants on, especially if we are talking about a buncha old guys or old women....or european tourists..........  

To AirBnB in my city (granted, Miami probably gets more tourist and transient traffic than Thermopolis, Wyoming...probably), Landlords are required to have fire safety systems, those little maps on the back of the door directing people to fire exits, etc. 

I have a great case study in my area in Northern California wine country, there was a manufactured home that was very very nice they built great decks and made a grand entrance it was on 1.5 acres in wine country.

Make sure to break it down by season to account for lower occupancy during the slower summer months and higher rates during peak tourist seasons (Mardi Gras, Jazz Fest, etc.).2.

For example, in our lake house, we do a full wine box packed with snacks and a couple of drinks.

Is it a tourist destination, have a lot of big corporations or hospitals, people needing places to stay between homes, etc?  

I've never done an RE transaction before, but the dream is to have a portfolio of buy/hold properties to rent out for a lifetime.I'm moving to the Orlando area and starting my licensing course in June, I hope to have my license by July to learn the ropes as an agent for a year or so, and then dip into buying some properties myself to rent to tourists in the area.