You cash flow with $50k homes with strong management with strong planning and you will make a lot more money then waiting for a guest to give you a ****** rating on STR sites.

My spouse is trying to meet real estate professional status with the goal of offsetting my W2 income tax. 

We've had several guests whose only inquiry was "How fast is the WiFi?" 

I think you and I were discussing in another thread the balance among 1. being welcoming (which I try to be, I usually start my posts to new forum guest with 'welcome!')

There are quite a lot of repairs or daily requests from guests, more bookkeeping due to consumables, extra utilities, pool service, lawn service, internet, etc.  

Hi Seth, your GC background is gold for BRRRR in Columbus!

One notable exception is that nonpassive losses can offset anything, which explains our current obsession with STRs.Specifically to your questions.1 - No, cannot apply PAL against dividends/interest but probably can apply PAL against your K1 income (as long as it distributes ordinary business income and not interest/dividends)2 - STRs do not unlock prior year PAL, and neither does Real Estate Professional status, by the way.

In the Orlando, FL area, people are desperate for bookings and are trying to get guests in their house that sleeps 10 for $99 a night?

I'll update my listing description to ensure that anything related to that season is highlighted for guests. 

Cleaning team if possible, so there is more than one person to cover illness or emergencies, the house absolutely MUST be clean for the next guest.