Airbnb issued me a 1099-K tax form, indicating I meet the threshold for gross rental proceeds paid by guests.

@Andrew PostellI’m not sure if I’m understanding what you mean about talking the final draw at the end… are you saying make sure the lender doesn’t have an issue with me doing that ?

The technical requirement is that you have the intent to hold the property for rental, investment or use in a trade or business.

The issue in all of Ohio is rents.

He had a tankless hot water issue that lasted a few days.

If something urgent does arise, it helps to have a local STR manager that can handle it for you rather than larger national companies like Vacasa and Evolve - that tend to be notoriously bad at handling issues for owners.

All kinds of supply chain issues...most seem to be getting better. 

I have spoken with Quicken developers @ Intuit and they know about couple issues we found, but it is not on their top of the list. 

Sometimes they have none, but usually they don't like to go below 6 months due to how loans are bought and sold on the secondary market with traditional lendersFor Cash-outs, due to risk and appraisal issues, they don't like to go below 1 year seasoning period.

What have been your biggest obstacles or issues that youve had getting started or with your current business?