What we do is read the market and advise our clients on what we think will win the bid if there are multiple offers.To answer the OP, if there are no other offers on the table, I would suggest the DD and EMD be about 1% of the price. 

Buying the way I do you do not win them all.

I have done MTR through Airbnb myself and had success with it but I know others who have mostly advertised month-to-month on Fb Marketplace or the MLS for a 4-6 month lease, depending their strategy in the off-season.

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Pricing systems and strategies (seasonality, orphan days, rule sets, etc..), Guest Communication, Negotiation Tactics/Agreements (Arbitrage or Management Services), Vendor management (minor maintenance and repairs from transient guests), Design/Decor expert (or outsource but you need to know what works!).

We have several strategies to mitigate delays and fees that work well and keep the tax advantaged status of the account secure.

If you sell the house with a below market paying tenant, you will get a below market offer.You should increase the rent ASAP.There are two strategies - Raise it to FMV asap or do it in 2-3 year increments.I choose option 2.

Trying to figure out what the best exit strategy is.

The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

In 2 words:Owning > RentingLooks like home ownership wins, and it ain’t close.