Do yourself a favour, and interview a few property managers to take over this chore for you.

I receive countless emails from lenders daily with their rate sheets and promotions for specific borrower or property types, geographical areas or loan types.

Niti and Palak make themselves personally available and answer questions directly, several times/week if not daily. 

So…. they just keep running it making $$$$ daily/weekly/monthly only to max out at a 15k fine?  

Begin with a small daily budget to test performance, then scale up based on results.

If this tenant is allowed to get away with it, other tenants will look for special exceptions on things they want.Give tenant options where you win:1) Keep doing this and after a certain date the bike will be removed and donated to charity2) In the meantime, a daily penalty will be charged3) We can install a bike rack for you at your cost

I am working on analyzing deals daily and am using the BP tools section to assist.

Importance note:  Following up on leads daily to generate consistent deal flow

As an investor, you should only make numbers-based purchases.Also, agents are only transaction-based - if they make a mistake (or choose to take advantage of your naivete) they still get their commission check and can disappear:(So, a great PMC is often the best choice to start with, since they obviously know the rental market and they have to deal with whatever they help you buy, on a daily basis after the purchase!

For the income to switch to Sch C reporting, you also need to offer services similar to that which a hotel might offer such as daily housekeeping, food/drink, and potentially various other amenities depending on how you'd like to qualify.What you describe is simply changing property managers, it doesn't really matter whose name is on the AirBNB listing.