Hi @Christopher J Driscoll I am doing something quite similar to your approach, my ADU permit should be approved quite soon, I am still waiting on my last LADWP clearance.

Any guidance from experienced investors, real estate professionals, or anyone who has faced a similar situation would be greatly appreciated. 

Publication 336 (cash method section) gives a clear example very similar to the situation described where constructive receipt was made because the agent of the taxpayer received payment for the taxpayer. 

Are you looking to do more and similar flips?

I've also been in a similar situation in the past and solved it with a wrap.

Stealing stuff out of an Airbnb is similar to unloading the TV, bed and mini fridge from the Marriot.

Eddie I'm in a similar position as you with the same questions. 

Exclude any units that are out of your league and focus on similar comps. 

Hmm, so i just bought a condo in weehawken and spoke with the township and had a similar discussion. 

Have done some preliminary research and will do a deep dive, just wanted to see what folks thought of there were any obvious reasons why or why not or any markets similar that I should be considering.