This a great option for high income earners who simply do not have the time for real estate.

If the claim can be disputed, OTA disputes it and makes it hard to collect and the host may simply give up.i think pm, airBnB, guest and LL all know who was responsible for the vape in the toilet, but ota did not charge guest or pay for it and gave the guest a discount (a discount for an issue that the guest was responsible for).  

If I had been tracking the assets via accounting, I would simply make a journal entry showing the LLC's assets and liabilities going to zero and transferring them to the Holding LLC or the LLC Members.

We determined the ARV, estimated our rehab, decided on our required profit, and then negotiated on the purchase price based on that data.

Jay what you've got to understand about Josh is the fact he is simply lying.  

Will they be doing other types of work like getting through the financing, becoming the guarantor, finding the deals, crunching the numbers, doing the accounting, or are they just simply doing less work?

.), along with his idea of where you come from and your life experience determines what you need to feel like you couldn’t spend all your money without wasting it.

For consulting with a CPA.As mentioned above you can simply take monthly distributions, but what is most important is how you are set up. 

It simply depends on your time frame, when you want to actually begin renting the property out short term, and what the loan terms are.

Without rent control i either raise their rent far above market rents so they give me notice (my preferred method) or i simply do not renew their lease.