So, if you had guests 200 days of the year, you get 20 personal use days.

I was wondering if anyone has thoughts on the pros/cons of each.

However, since we are staying out of the country, we would like to look for a reliable airbnb property management companies to do the end-to-end management from task i.e. listings, fixing a broken lock, get the house clean, liaise with guest etc.Any recommendation?

I am not qualifying under those requirements, but still willing to invest about $50K… I was wondering this as well.  

However, as others have mentioned, it’s not common for tax professionals to review just one form, like the 8824, without seeing your entire tax situation.1031 exchanges can get complicated, and reviewing only part of the process might lead to errors or missed details.

Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

Do we need to get workmen compensation or other liability insurance?

That's what it costs to get your money and the lender gets 900 dollars to fill out a template, another 900 to fill out an excel sheet, and pockets the spread on the appraisal.

Turn-key is not going to get you much cash flow, as I'm sure you are aware.

I got their first agreement signed from a notary in person but this time around I have multiple tenants that work all different schedules and it is difficult to get all of them together to do this in person.