I told her "yes, I remember something about that happening." 

One thing to remember with commercial loans, not only does the property have to perform, but generally you have to have the net worth at least equal to the loan amount most times there is some type of liquidity requirement too.

@Emilia Marchetti others have mentioned the dangers of betting on appreciation (rhymes with speculation), but another thing to remember that as your rent increases annually, so do your expenses.

This is only for your personal records, not to be "used in court" but it helps you actually remember and refer to every exact thing they said.

I remember a staying Warn Buffet said buy stocks when the market is down you are getting them at half price (something along these lines). 

Can't remember the name but their numbers look solid.. 

It's easy to set-up an AirBnb account so simply go to https://www.airbnb.com/help/article/221/how-do-i-create-an-accountand it will give you all the links to get up and running quickly.It's important to remember that your vacation rental success is tied to your reviews. 

Remember to lock it 😜 

GAAP principles, as I understand them and remember I am not a CPA, would have anything that increases the value of the property is CapEx. 

Remember, in a civil case, the burden of proof is only that your side of the story is more likely to be true than false.