To increase the effort others put into building my business I offer a 1,000 referral fee to anyone who tells me about an unlisted property that I buy.

If you pre-plan it right and make 50% of it business related, you can write the trip off as a business trip. 

It depends on if your real property trade or business is being a professional investor.

A business does not base their business plan on possible RE appreciation and sale of that building.

Remember, a palpable business strategy for insurance carriers is denying claims. 

Personally, I'm looking into starting a "newbie" consulting business and this would be an opportunity to work on structuring that, while getting valuable feedback from someone like yourself!

I don't really plan to use my license to sell to the public as I already have a full time job and our investment business will take up the remainder of our time. 

I wonder if streamlining the cleaning cost into the ADR ("eliminating" another extra fee) encourages greater business (especially if positive reviews note place is clean, etc.) even if the market has shown it will bear the cleaning cost (and it's routine).Scenario 1: Guest pays $400 per night for 2 nights plus $300 cleaning fee.

I'm also a newbie and not confident in evaluating projects and borrowers, so would prefer to partner and diversify.I'm looking at debt funds at crowd funders like Fundrise, as well as business development (BDC) ETFs like Ares, Blue Owl, Golub.

@Abigail VanLuvaneeI live in VA Beach and we do a lot of business in Wilmington.