Your decision to prioritize effective support and comprehensive features, even if it means higher costs, seems reasonable, especially when it's critical for your business operations.

Sounds he’s not interested in going through the rent up stage and being an operator.

As long as you're doing that, there's always a risk, and 50 years from now it will probably be illegal everywhere to operate STRs in residential zoning, just like it's illegal to operate a steel mill there. 

On a commercial asset the value is directly based on the NOI (net operating income).

Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.

LLC in the state of operating?

There are so many new operators in the STR field now, and the questions about certain things are mind-boggling.

@Marcus Stokes, house flipping is a full-time business operation, even with current market conditions.

Over time, rents may increase, improving your cash flow, and you’ll gain equity and valuable experience managing tenants and property operations.

Not an expert here but my Brother is a heavy equipment operator in Northern CA and did a lot of the fire clean up when those fires happened and he mentioned contractor might need hazard waste removal license..