I would imagine that the hotel marks up their rates to use airbnb a little to offset their service fees, so the net is pretty close to what you would expect.

I completely agree that luxury rentals need to offer more than just aesthetic appeal; they need to resonate with tenant expectations and justify the premium rents.

With different municipalities I am expecting this to be a bit more lengthy for us. 

But ultimately the responsibility lies in my hands.I jumped on a seesaw of risk hoping that the momentum would catapult my bank account into six figures only to find out the hard way that flipping houses isn’t as easy as I had predicted.This house was purchased for $64,000 with an expected rehab of $100k to $120k depending on how much work the dilapidated and neglected house needed.The midwest is lovely but the houses carry the weight of weather storms nearly a century old leading to more damage than a beginning investor could expect.The appraisal came in at $225k for my lender meaning our all-in cost would be around 85% of the sales price worst case.

Were revenues as high as you expected them to be?

So, I've got a difficult tenant.The main point is that he hasn't paid rent since September.  When he missed his rent payment we gave him a notice to quit, he accused us of "entering his property without 24-hour notice...

I’m not sure you can reasonably expect that you are going to recoup 70%-100% of the heat/AC costs.

Expectations are we hit at least $150k+ this year in revenue.

Have a clear understanding of your expected cash flow, ROI, and exit strategy.

Also, the tax benefits you expect might be over-hyped: https://www.biggerpockets.com/forums/51/topics/1075919-five-...Figuring our whether there is a useful tax strategy in your situation would take a one-on-one consultation with an experienced tax strategist, and here is how to find one: https://www.biggerpockets.com/forums/51/topics/1222774-expla...