Keep in mind your costs of doing an AirBnB are going to be in furnishing your spaces, and housekeeping/laundry costs, cable TV and internet costs.

I can generally furnish a cabin in two months time and my goal is under $1400 and this includes an over the stove Microwave. 

Since the FF&E (Furnishings fixtures and equipment) and good will cannot be exchanged they will owe tax on that allocation anyway. 

Then, it would depend on if you are renting rooms furnished/unfurnished, how nicely your furnishings, appliances, etc., are.  

I treat the rentals as I would a furnished long-term rental.

However, because I knew what those homes were selling for and what builders were charging for new 3/3 construction (minus land and furnishings), I adjusted the finish grade to a more appropriate scale. 

Furnishing a unit with the preparation of the Enemy Method (shoutout @Avery Carl. badass book!!!)

The house was a complete disaster, after about 20 minutes of dragging out disgusting furnishings, the place was swarming with detectives.

I used to work for a company in New York which provided furnished apartments rentals (weekly, weekends, monthly) Client booked 2 apartments, moved in after 3 months stop paying, although the company took her to court for eviction it took over 3 years to get her out.

Basically, the government says (if I'm reading this right) that if you deny a tenant based on something you discovered in their screening - whether it came from their credit report or not - you have to follow some very specific protocol and send them:1.) the name, address and telephone number of the CRA that supplied the consumer report, including a toll-free telephone number for CRAs that maintain files nationwide;2.)a statement that the CRA that supplied the report did not make the decision to take the adverse action and cannot give the specific reasons for it; and3.) a notice of the individual's right to dispute the accuracy or completeness of any information the CRA furnished, and the consumer's right to a free report from the CRA upon request within 60 days.According to this document, even if you require an additional security deposit - you still need to give them this information.