I found my answer to my questions and others on this PDF online:https://www.fanniemae.com/content/tool/landlord-gu...In short:" A landlord must ensure that the tenant has access to a supply of running water, hot water, and heat in reasonable amounts at reasonable times (in units where the tenant has control over heat or is responsible for the utilities, this will not be the landlord’s obligation, except to ensure that the plumbing and HVAC systems are in good working order" [consult a lawyer to enter the terms on a rental lease and to ensure that you are not violating any laws.]"

If you're not local to many tourist attractions, you'll want to take into account nearby medical centers or hospitals and research centers, followed by corporate campuses and schools;  you'll find that all of these are typically going to pull a longer stay.For the kitchen, I have found that on a shorter stay (up to 14 days), full amenities including sink and larger fridge, etc., are not required, and often go unused.  

Aim for corporate housing.

This folksy, intimate vibe gets blown out of the water the minute you put a letterhead, or business card, or any other corporate insignia anywhere near that letter.

If he is a corporation, then you will not need to do so.

Heck it's a GREAT business model-- sitting all day long in a stream of rental cash that is generated from the cash fountains in the pockets of investors who are obligated to cover every hiccup at a property with major surgery.  

In my opinion properties well suited for vacation rentals have:A great location for touristsNear outdoor / recreation destinations (beach's, ski resorts, etc.)Near nature (on a river, lake, ocean, etc.)Or perhaps a great location for business / corporate housing (Downtown, near major companies, etc.)Decent demand year-round (If it sits vacant 40 weeks out of the year you would be better off with a long-term tenant).Great amenities (WiFi, TV, Furnishings, Linens, Coffee, small appliances, etc.)Accept credit card paymentsPool / Hot Tub is a nice bonusOutdoor space at the property (Deck, balcony, patio, BBQ area, etc.)Pet friendly (not required, but will get you more interest)If your property seems to meet many of the above characteristics it is probably well-suited for a vacation rental.Some major differences you will need to figure out (compared to long-term)Who will do routine housekeepingHow will you get the guests moved in and out (lock box, in person, etc.)What laws govern your locationsWhat tax implications (bed tax, reporting, etc.) will you have to figure outHow much extra will you need to charge to make all the above worth it.

Join and several liabilitiesIf you are two or more persons, your obligations as debtors are both joint and several.10.

Is it possible/legal for me to transfer the ownership or sell my home to my corporation, or to another one I file, then pay myself rent, as well as deduct repairs and other property expenses that you cannot deduct from your personal residence through that corp?  

If they lost their earnest money they wouldn't be able to purchase another home. i told them that by not putting up the money just proves to me that they don't believe they can meet their obligations.