However, I’m unsure of the actual process of paying myself as a business owner.Here are some questions I’m hoping to get clarity on:How do you legally and practically pay yourself from your Airbnb income?

Thankfully I was able to sell both houses and stop the bleeding.During the sale process I found out than one of my houses had a baseball sized whole in the roof and the other had two AC units that were not functioning along with mold that had to be remediated.

.: Quote from @Bryce Cutler: Sri, I am in the process of switching from Hostaway to Hostfully for my 5 listings.

Having a GC that will provide good documentation, itemized receipts, etc. will make the process much easier I've noticed. 

Since this is a rehab, you shouldn't have to worry about offering a builders warranty but here's some things I've become accustomed to doing to make the warranty, sale process and transaction process easier.  

It's easier and faster to wholesale then go through the process of getting your license.

This is not a quick process, but none the less, the best process and it works every time. 

@Grace Chee The process for this is time sensitive, you should have gotten a TRIM notice around late August, early September.

@Kyle CarterFor PM, ask how many rental properties they currently manage, what types of properties they specialize in, and their process for screening tenants and handling maintenance issues.

It seems like they help you find a deal, work through the process, sometimes property management etc...