Typically a lender wants to see a couple years of documented employment/income history. 

I don't have much experience with the entire process and want to know what's a typical commission % for this type of transaction?

Just don’t make it a no brainer for them to move to a competitor.We typically shoot for 3-5% annual increases in OH.

No, you don't pay tax on rent received.

Traveling professionals are typically going to use a site like FF or Airbnb.

If for some reason you cannot, have the fee issued to one of you and have the one who received it to split it and then issue a 1099.

To identify demand hotspots for vacation rentals, we will use a two-step process: First, we will plot on a map all of the Airbnb listings on the island.Then, we will remove listings from this map that have received fewer than 30 reviews in the previous 12 months.Thirty reviews—why?

For STRs, the typical options that you'll see utilized are conventional, second home (if you plan to occupy the property for more than 14 days but less than 180), or DSCR.

If that person is an employee of one specific bank/lender, it's common for them not to have any idea which hits are "their" hits, and which come from Fannie Mae, since they only ever see the rate/fee schedule from the one place they work at, and they aren't typically labeled that way, it just says "2-4 unit cash out:" and lists the amount of the hit in basis points, without specifying from whence it came.

Well the seller, today, just received the town inspection report and no longer wants to take care of the requirements (and it was part of the contract that he would).