So, some ideas would be:* take some additional courses/webinars, etc on how to obtain appraisal business, especially private appraisal work (from attorneys, cpa's, direct from homeowners, hard-money lenders, etc).

Exercise great caution when selecting contractors, as there is no Planning and Zoning (P&Z) oversight in this area, which can lead to build issues.

Purchase price: $74,000 Cash invested: $30,000 Beautifully renovated 4-bedroom split-level home that features a new galley style kitchen with 42" soft close cabinets, stainless steel appliances, recessed lights, updated baths with modern vanities and fixtures, large living room that leads to separate dining room off kitchen, three spacious bedrooms on 2nd level with modern decor, large lower-level family room with ceramic tile flooring with well-placed laundry cove, and recently laid sod in front and rear of property.

Also, it sounds like, in the end, the only way to really, truly qualify is to self-manage-- Period. 

What are the consequences if a BnB owner/investor (my client), decides to change hosts or self-manage in the middle of a booking?

So either way you'll wont have to pay tax on those gains regardless of which direction you choose.

., but it might make sense especially with Roth IRA or Roth 401k contributions.It gets tricky since you need a bona fide business to business relationship... doing other property management and / or handyman services helps create an arms-length relationship (and rise to Section 162 definition of being a business and not a self-dealing transaction).

They then rent for $1300 to $1500 per month.I also have self directed ROTH IRA'S that each own houses.

Does STR self management make sense (from a tax offset for W2 income) without accelerated depreciation? 

I have tried to find someone that is currently doing rentals and flips that would just help guide me in the right direction to get started.