I could write a novel about this but let me ask you two questions instead:1. 

Yes, it is a commercial property and it normally is valued off cap rates,  but by checking sale comps, you have an idea of roughly what properties are trading at, and you can work backward. 

Not sure.I would undercut the competition on price in the off season and build some 5 Star reviews.

Not many companies off comprehensive STR insurance but there's a few, and you may get extra coverage on loss of rental income, bedbugs, etc.

We translate all of the PM software data into their QBO(s) each month to show complete financials (property-specific & non-property specific transactions all in 1 software).The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

As an example, property taxes in TN are only 25 percent (or less) than they are in TX.  

Do you know anywhere on the internet I can find something to inform me on the paperwork process of wholesaling a property with a quitclaim deed that one received from the county paying the taxes owed? 

Plus NV has no state income tax just like Texas so you keep your tax status .. !!!

I found this deal off market and found agreeable terms with the seller involving a midterm lease during renovation.

You can find a lot of them off-market.