They could provide valuable assistance in this matter.

I recently launched an STR management company in Kissimmee FL and decided to set up an account with Hostaway.

Normally, once I get it rented I have a cash flowing property that has provided 30% - 100% equity.To your point, I am seeing that some new construction is on sale right now and I am starting to consider them because of the lack of maintenance needed.

(but we would still have about 10k in our biz account).

It works kind of like Venmo in that you can either pay a small fee to have the money deposit right away into your account or go the no-fee route and have the money deposited about 5 business days after it posts.

Additionally, there's a fixed self-employment tax.Income Tax: 22% * $70K = $15.4KSelf-Employment Tax: 15.3% * $20K = $3.06KTotal Tax Due: $18.46KRemember to account for any state taxes as well.To defer taxes entirely, you could utilize a 1031 exchange, which allows you to reinvest the proceeds from the sale into a similar investment property, thus deferring the tax payment until a later date.Example #2: Long-Term Capital GainsNow, consider a scenario where you hold onto the property for over a year.Project Details:Property Cost: $70KRenovation Costs: $50KResale Price: $200KProfit: $80K ($200K – $50K – $70K)Since self-employment tax doesn't apply, you only need to calculate the long-term capital gains tax.

Essentially Airbnb and VRBO will contact the guests, explain what is happening and provide the link to the new listing and they MAY rebook. 

A few suggestions/thoughts:- Ask your agent to provide you recent sales (last 12 months) of deals that would have met your criteria, starting with deals they were the broker on.

100% agree that telling someone/writing it down helps hold you accountable 

If you have any doubt about it being occupied or not you could put a notice at the door and say that its your property and that you will enter on a given date.You probably should provide a phone number so people may  call you.