an example might be a 3 story brick building that could be replaced with a 3 story frame construction building at a lower building cost but still provide the same function.You should be revising the values based on the way your policy is written above. 

I can see that Lizz has included a leasing fee in the property analysis docs she provided, which I assume reflects the lease only service you mention.

I’ve been interested in getting started in airbnb, but with all the information available online I’ve fallen victim to analysis paralysis.I’m open to hear others thoughts on what they would do if in my position. p.s.I live in Michigan 

However, it seems to simply attempt to provide the revenue side of the equation. 

Best to talk the tax issue over with a CPA but the loss will be reflected in the K-1's and can offset gains in other deals, provided they both flow through to the same entity (or you personally).

I also can provide context of what characteristics each area has.

@Alex Clark James Wise will be your guy for this area; looks like he already provided a guidebook for Cleveland.    

I know there does not seem to be a strong presence on BP for people in the New River Valley area (Pulaski, Radford, Blacksburg, Roanoke) but I would like to try and get some type of networking event going (either in person or in an online group). 

@Chris Seveney hits the nail on the head, you don't need concrete "legal proof" to provide to a realtor when submitting such offers.

If anyone could provide contacts in the Buffalo area that would be great!