Any time I've had a concern or an issue it's difficult to get help it seems a host has to jump through hoops.

My main concern was to get credit for paying property taxes.

@Andrew Johnson That is actually a really sound, logical concern that I think is often overlooked.

More inventory would solve this situation of affordable housing, but we have all the environmental concerns in this state. 

I have been talking to some people who brought up some concerns,  so I want to see if you guys have some insight. 

I'd be more concerned with that because if he runs out of money half way (or even less) you're going to be in a real bad spot... and likely not be able to recover anything worthwhile. 

Thanks for the response as well Paul, my concerns are not necessarily around depreciation (I’m pretty sure that buildings are depreciated over 27.5 years opposed to 20 years) or other deductions that are typical to long term rentals but rather tax guidance that dictates what is a schedule E rental portfolio vs. a schedule C business similar to hotels.  

Maybe the best approach is an integrated method.

Our only concern is a black swan / cataclysmic event that we cannot predict or have not weathered. 

I dont want to sound insensitive but it is a concern and I am hoping to get others opinions.