I can shed some light.LAW EXEMPTIONS - There are very few parts of the VRLTA that allow an exemption for people based on units owned, and late fees is not one of them.

He's stating his professional opinion being one of the people who does this for a living at a high level.You've also mentioned E&O insurance earlier. 

I would also find a way to sleep at least 2 people (if not 4) using convertible sofas and/or murphy beds. 

I would list every single item your counting as capex, their useful remaining life and their cost that day.

I beg to differ.Personally I feel people need to be a bit more discriminative when using words like "best". 

It's a gold mine and it's full of investors who just want to see other people succeed.

@Theo Hicks most of the people I work with are in the heart of Tampa especially if its something you plan on holding onto for while.

This is a great place to learn and to connect with people so take advantage of all the great resources.

For what it's worth, some ideas I've seen pitched are grocery bundles (e.g. a breakfast bundle for 2-4 people with eggs, bacon, bagels, cream cheese, and OJ all pre-stocked in the fridge), meal kits, a pre-stocked drink fridge, charcuterie boards, premium coffee selection, bike/e-bike/scooter/kayak/canoe rentals, video game consoles, upgraded work-from-home office amenities (e.g. oversized computer monitor), etc.I'm not a lawyer, but cocktail kits, bottles of wine, local craft beer, and other alcoholic items seem like they would fall into a grey area from liability perspective. 

Guess I am just typing out into the ether at this point how I am feeling, but curious as to people's thoughts on where they have learned the most as a newcomer?