It does produce a form called a K-1 that is sent to the IRS as part of your personal income tax filing.I would echo what @Tyler Weaver said and strongly encourage you to speak with a CPA.

Can a single-family home actually produce cash-flow in the future?

(Personal service includes the fields of health, law, engineering, architecture, accounting, actuarial science, performing arts, consulting, or any other trade or business in which capital is not a material income-producing factor.)7.

I’m glad I changed strategies, however, because now I have a wholesaling segment of my business that can produce more steady income.

In Nov 2019 we decided to refinance with our existing lender, to a new rate of 3.625% for 15 yrs and the new loan amount was $245k ($3K of the closing costs rolled into that new mortgage).Me and my wife will probably find new jobs in a different state in a few years (around 2023-2024) and move out.

We purchased back in Nov of last year, basically knowing no experience in the STR world other than that which we had read on the STR Forum.

If you're lauding the benefits of not paying taxes you also need to discuss the tradeoffs in not being able to actively control this capital to mix your labor with it to produce wealth.  

It's a relatively new brokerage, but it's getting attention because they have a really innovative business model that disrupts the traditional brokerage method. 

While Dubai may have some of these key points (pre-COVID) I would question the reliability of the data produced and argue that there are more preferable places with a long-standing and respected legal system that does not favor certain individuals.

Retailers and restaurants are adapting to lockdowns and re-openings (and re-closings), with curbside service, expanded takeout, and plenty of innovation.