You can’t treat MTR guests like hotel guests — but you also don’t need to run a full-blown tenant application either.I use a middle-ground screening system that keeps things professional and simple:-Verify employment or assignment letter (nurses, project workers, relocations)-Confirm ID + previous landlord or housing reference-Require a refundable deposit or insurance coverageThe goal: balance safety with speed.

BP has a "find a professional" tool and it includes financial advisors.

Only great professional experiences and stays with them.

Getting a clean slate with your own screened tenants can make life a lot easier.So stay professional, stick to your November 1st deadline, and move forward with showings as planned.

Readers are advised to seek professional advice.

You're going to run into this in most of the major STR markets because within the last 2 years we have seen a massive spike in available inventory.In order to compete with the competition now, hosts/owners/operators need to step up their game and be willing to invest in good quality furniture, memory foam mattresses, high quality linens, professional seasonal photography, etc.In the high desert, most visitors are looking for peace, quiet, privacy, and amazing scenery so this means stay away from purchasing homes in residential neighborhoods with neighbors on all sides.

You should identify your specific needs and interview licensed professionals operating in that market and see who fills your need. 

So they’re treated the same as traditional long-term rentals for tax purposes.That means: yes, you can do a cost seg and claim bonus depreciation, but it’ll generally only offset passive income (your rental profits), unless you’re a real estate professional for tax purposes.4.

My name is Jose Rodriguez, and I’m excited to join this incredible network of real estate professionals, investors, and entrepreneurs.

@Wayne Wollesen Great tips in this forum regarding understanding the context in which Cost Seg is done and how it may or may not impact the bottom line on your tax return depending on material participation, real estate professional tax status, classification as short-term rental, substantial services, etc.