There are several layers to this, but, as someone who analyzes deals for clients all day every day and pays for very expensive software to aggregate short term rental occupancy and booking rates, I can tell you that the best performing properties are almost always outside of traditional vacation areas.

You don’t have to launch a full application for credit to speak with them remember. 

Then there's the transactional (deal-making) and litigation (deal-breaking) dichotomy within each area.There are some basic vetting that apply to all industries and some thoughts that are applicable to only lawyers.  

2). is this applicable only to Federal tax or state tax (california) as well?

Do you know if the application process is the same as painting?

The numbers are accurate and so amazing I have been checking my software's calculations for several years, had several brokers check my calculations and had a mathematician with a PHD for math check my calculations.That is enough for me about ethnic groups before I get into trouble because the subject gets people heated up and ruffles feathers is a bad way.

Those changes are now codified at the state level for all of Oregon to follow by SB 291.Of note, Senate Bill 291 will require additional disclosures from the landlord in order to charge for applicant screening.

As of now I don't think I'm going to hire a property manager since it's just one property so I've been looking into software to streamline the whole process of managing a property.

I prefer to use dedicated accounting software (albeit not for flips).

Open Permit Request Application.