In the real world, every operator looks at overall returns across their hold period.  

@Basit Siddiqi is correct, I would just like to add that these forms are: Form 8938: statement of specified foreign financial assets ( bank accounts) Form 5471: for reporting interest in foreign corporations ( depending on how your holding your airbnb this maybe important) I would highly suggest having an accountant do it for you! 

Investment Info:Single-family residence buy & hold investment in Austin.

The first Acre is a Cleared Lot & we plan to build on it.The second Acre has a small 661sq ft House on it, and an existing foundation for a 1392 sqft house which a builder started but stopped construction on due to not being paid as the HML would not issue a draw.Entry - We currently own 3 properties we are almost done remodeling and we plan to hold.

Also hold back a good % maybe 20%-25% for the final payment.   

S-Corps are terrible for buy and hold real estate 99.99% of the time - all investors should burn this into their mind! 

Let's say you have a property that will take just a bit over 12 months to renovate and sell... now the rule for 1031s is that you can only use them if you hold the property for at least 1 full calendar year so does this mean that I can now 1031 the property or not?

HOWEVER, there isn't, legally speaking, any specific length of time that you have to hold the property.

Long-term hold?

Pay the bills when due, its always better to hold cash than distribute to investors too early.