The agent said that subscription requires a phone call in addition to cancellation on the website to "indicate the reason for the cancellation".

Thus since in both cases you as a short-term landlord are merely providing basic services to your short-term guests (and receiving passive income in return), I would think this meets the requirements for Schedule E and I would think that you can report the income on Schedule E even if you don't own the property, thus avoiding the 15.3% self-employment tax?

Most deals require a down payment and some sort of debt / leverage. 

@Elton Tate Agents are required by their board to change the status within 1-3 days, but many push that as it's not really watched.We don't recommend offering asking price. 

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I have a new rental and received a tenant application, whereby the tenant puts workers comp settlement to qualify for the income requirement.

There are companies offering interest rates sub 6% for a 30-year fixed mortgage with only a 20% down payment required. 

I have been taught that some private lenders do not require money down.  

In Nevada there is a required sellers disclosure of any issues past or present with the house.

I'm also surprised they aren't requiring both LLC members (owners) to personally guarantee the loan.BRRRR's can work with any interest rate, obviously harder to see good cash-flow right off the bat with rates where they are BUT in the foreseeable future you could refinance to a lower rate.