@Vidit Maini Starting your business as an LLC taxed as a C corporation offers flexibility but involves double taxation unless you elect S corp status, allowing profits to pass through to your personal return.For tax savings, deduct startup costs, track business mileage or vehicle expenses, and consider a home office deduction.

UPDATE:  After 4 days of back and forth with Airbnb CS, they finally decided to do the right thing and issue my payout for a reservation that a guest cancelled in the amount of $1,333.75. 

I'd love an update as well. 

Please note than may liability personal or corporate of the original borrower remains after the title transfer.

Many of which are savvy BP type clients who are doing updates/raising rents and then the buildings do cashflow positive even with lower down payments which produce amazing returns (at 3.5-5% down you get close to a 50%+ return a year just off mortgage paydown). 

Hey Steve we put on 2 monthly forums in Scottsdale. 1 for fix/flippers and the other for STR investors, no sales pitches or courses just a market update and networking with other professionals and service providers!

Similarly to what Mark Cruse stated above, provide dignified housing, respect your tenants, and either have a good PM or make sure you are updated on the regulations and best practices for placing tenants.  

Any suggestions on what to update/populate in our "rules" section to help us make this clearer? 

If we let the hotel corporations do all the talking while we remain in the shadows, it does nothing to help the STR world! 

They might have suggestions or updates that could help with this specific issue.