For the tax questions, I would hire a CPA :) Best of luck to you, and I respect the creativity!! 

LLC is a legal entity that creates no tax benefits whatsoever and has no tax purpose.

If your tenant failed to give the full 30 days notice and owes additional rent, deduct it from the deposit and refund the remainder. 

And when you sell, you owe taxes on depreciation that you should have taken, aka depreciation recapture.

I am very curious at the STR loophole for tax purposes.

Of course, as long as the property is rehabbed well and the refinance LTV covers the hard money balance owed.

Tax season often leads to creative interpretations of what can be considered a deductible business expense.

Plug it all into BNBCalc and share it so others can give you feedback- look at the tax savings via the "short-term loophole" at the bottom and learn how that functions as well as it can be a huge aspect of your investment.

From Wikipedia, Alabama has the second lowest property taxes behind Hawaii.2.

She had no use for it and the taxes were becoming a burden.