It's a big #'s game, that the wins off-set the losses to a point that it's a net profitable venture.

Can I run LLC with no profit (or loss)?

I'd focus on the big 3: housing, auto, and food. 

We ended up going way over budget and turning it into a single family residence and selling at very little profit due to loss in labor.

Horror Stories from those that did NOT Understand What they were Buying:https://www.biggerpockets.com/forums/48/topics/1137397-baltimore-a-path-to-never-ending-painhttps://www.biggerpockets.com/forums/432/topics/1231840-sell-at-a-loss-or-rent-at-a-losshttps://www.biggerpockets.com/forums/311/topics/840134-memphis-turnkey-tenant-turnover-costshttps://www.biggerpockets.com/forums/963/topics/1195280-experience-of-oos-investing-in-cleveland-after-15-years

Just check your lender’s seasoning requirements and any due-on-sale clauses.For taxes, that title transfer doesn’t trigger gain or loss if you’re the single-member owner.

To make the losses non passive so they can offset your business sale gain, you’ll need to materially participate in the STR and ensure the average stay is seven days or less.

The initial limited partnership syndications were terrible deals guaranteed to lose money - the investor was supposed to “harvest” tax losses.  

Compare this with the cost to add the ADU subtracting off any loss of garage for garage conversions and you have the average value added by ADUs.

You can request the platform to cancel the next guest and get reimbursed for the loss of income. 2.