You can quickly see how they operate and understand who is professional and who is not.

LLCs can protect you from outside attacks that have nothing to do with your real estate operation.  

I could definitely use a system for my flipping operation, doing about ten per year while working a full-time job "on the side". 

Hello,I have invested in a few properties meant for long-term renting.I have also since started a rental property management company that operates in areas we know very well (ascendiadynamics.com)Porto and Lisbon are very expensive areas at the moment. 

Competence - My best friend is awesome and I'd give him my kids if I got hit by a bus but I won't let him operate on my brain.

•Operating Expenses Account: For monthly expenses.

Been getting nowhere with zoning laws found online and in the local library for Yonkers (in westchester county) as to whether any permits are needed in order to operate such a business. 

If the sale of stock will be considered a capital gain, you can offset it with the sale of capital stock that is operating at a loss.

Also her husband has 100 acres of Teak and I wanted to see their operation. 

This will give you an idea of traveler's budgets and what's in demand in your area.As far as design and photo recs, connect with those in your market to get referrals from other MTR (and STR) operators.