I have visited Greenville and I have witnessed major growth.

If a unit does not having a living room (or the 2nd bedroom is used as a living room) and the unit does not have a shower, not only is the rent you advertised not feasible but why not point these major issues out on our walkthrough? 

The vast majority of licensees don't do any business.

As I continue to gain more knowledge, I am intrigued by the opportunities that real estate investing can afford while on active duty. 

In your scenario, claiming that $117k depreciation deduction could lower your taxable income from $700k to $583k, which is a huge benefit in the short term.As for the RE pro status, if one of you becomes a full-time real estate professional, you can potentially offset active income (like W2) with passive losses from real estate. 

I would suggest picking someone with the most forum posts or the most/best reviews that way you know they are actually active!

Under $100k, were talking Old, beat up, it's coming with issues and the vast majority of time there is hidden uglies that come out later. 

He's very active and knows the market quite well.

Quote from @Andrew Lawlor: I've been actively investing in short-term rental properties for the past three years, managing one live property and another that will go live in two months.

Now many will try and BRRR or rehab properties which you can force appreciation, again not another bad strategy and can lead to better returns but its more active and takes more $ to do.