Hi and thanks for the replies, all.

You are correct that the tax treatment of Airbnb business (emphasis on "business") is distinct from other forms of real estate investment - and that you should get clarity about that to incorporate into tax planning and investment ROI analysis.

It has nothing to do with rent.The only correct way to estimate monthly reserves for capex is exactly what any professionally managed HOA does.

I need $5000 to finish and correct the issues.

Thanks for your reply. 

In order to rehab you need to know how to correctly build. 

Stamp "Address Correction Requested" on the outside of the envelope.

Thank you all for the replies. 

You will also learn to appreciate when a real estate agent is actually doing their job correctly, vs the large number of agents who just show up and do the bare minimum.What prompted me to take the course was that my first agent was not very good, but I couldn't actually truly assess and understand that without knowing myself, now I can confidently say that she wasn't very good, (lucky me, lol).Short Answer: There's not a glaring reason I can think of to not educate yourself on it, even if just for education's sake.I can't provide info on the 2nd part as I'm just not as familiar with specific MA to CT reciprocity and requirements.

@Bobby Zandate FYI, you have like 15 - 20 mins to edit your post without getting the ****ing "updated" lingo under the original.It seems like you did your numbers correctly based on the limited information you provided