I’m also an out of state investor.

I mean, it will happily assist, but the amount of hallucinations and incorrect code it writes compels me to state it is unable to assist.If you write up a prompt with a bunch of specific instructions, trying to guide the Ai to weigh everything of consideration, it will surely sound more convincing than if you didn't include those stipulations, but the underlying problem is it has no real understanding of such a complex task and will just give it's best guess/hallucination regardless of how specific you are (as proven by your 95111 zipcode $/sf prompt where it provided you a $/sf much higher than that of the actual 95111 zipcode).

Shawn - I would suggest you develop a pro forma based on the stabilized state of the property to understand if it cash flows once all units are occupied being sure to include all reasonable revenue assumptions (rents, vacancy factor, etc..) as well as expenses (debt payments, maintenance, utilities, property management, taxes, insurance, turnover costs, etc..)

A per bed, mid term approach seems like it would be the best approach in its current state.

Know what you're getting into beforehand and know that things could change over time to become less favorable to STRs.At the state level, there are currently no restrictions on STRs, but that could change.

Also potential appreciation is important to investigate.For myself in my state it has made little sense to Chase turn key or cosmetic properties. 

@Ozgur Cebe Here's an article with things to consider when selecting a cost segregation company.

Fortunately, all three inspectors (from different departments) were very supportive and one inspector even stated they will not return, even if another complaint is filed.I want to offer a cash-for-keys option, but since the tenant's attorney is from a nonprofit, I feel she will fight for her tenant to stay.

We've had 2 tenants with TRA and as the name clearly states, it's temporary.

This is a tax shell game question about gold and real estate in the states passing "legal tender" legislation like Louisiana (article linked).