And when I do need to analyze a failure, knowing Griffith's crack theory or how hydrogen embrittles polished metal comes in super handy.   

I am fluent in Ukrainian, Russian, English, and Polish and speak some French. 

If you do not separate them then any fool can throw as much cash as needed to "polish a turd".

@Jim Pellerin you nailed it!

I was doing some research and running the numbers is slightly different on the cost side:Insurance is likely more expensive for STRPM is way more (and I'd feel uncomfortable with most people doing this)Operating expenses for a hotelExtra CapEx for furnishingsUtilitiesThe revenue side seems really tricky and if someone can nail this down I'd love to hear their thoughts.

@Ashish Acharya nails the tax free proration issue as usual.

Vinyl plank properly installed needs 0 nails, hammering, glue, etc., and should have 1/4" of gap hidden under the wall trim on both sides.I DO NOT ADVOCATE long term AIRBNB / STR unless you're in a luxury market / major city where you are a hotel equivalent.

Great post & nailed it

@Daniel O'Neill Tyler hit the nail on the head.

If you nail those down, and are willing to hustle, you'll be very successful