We find our property mgt company actually prefers monthly.  

For example, if, in an 18 hour waking period, you spend 2 hours snooping through the AirBNB, writing down the makes and models of appliances, figuring out the distribution of the mini shampoos and inventorying how many cooking supplies your hosts are providing and the thread count of the sheets, then an auditor might allow you to take 10% of your total trip expenses as a deduction.If, however, in an 18 hour waking period, you spend 6-8 hours per day interviewing Hosts, researching which properties would make good AirBNBs, researching the local laws, touring properties, meeting with an agent and vigorously pursuing your next acquisition, you'd have a MUCH better case for writing off your travel expenses (but probably not your lift tickets and equipment rental).If, on the other hand, you are traveling and on vacation and just hang out in your AirBNB without actually performing any activities, then the odds that an auditor will allow any deduction at all is pretty minimal.In any audit, it would be up to you to document the business purpose of your trip.  

I'm actually already connected to Jessica on BP so I'll definitely follow up on that.

@John Jimenez I have not actually gone through the application process yet so I'm not sure of the little details.

But of course the owner is the only one who can actually sell.

Did the structure they helped set up hold up and protect you in an actual legal situation?

I'm investing out of state and have a property manager that uses App Folio, so I'm not planning on using Quickbooks to actually generate invoices for rent.

In our area, we have access to the MLS and Realist Tax Records, with both providing very good search tools so we can target more specifics than the average person looking on Zillow or at their city records assessment site, although some city websites are actually a very good tool.  

Everything else that you are telling me is actually really good....What kind of points are you paying?

I have found a couple of good ones on Craigslist and by actually finding them working on jobs.