As someone deeply entrenched in this industry, I understand its nuances, including the complexities of temporary housing.ALE engaged my services effectively for a significant duration, recognizing the value I brought to their operations.

I am hiring her to place a new tenant and manage the rental through the duration of the lease.

I log everything same day (most of the time), try to be as detailed as possible and start each log stating participants and the entry's duration, and usually set my real estate home office address or the rehab property address as the location of the activity, unless it's a trip to the bank, Home Depot or an event/meeting elsewhere. 

So it will be cheaper to rent if you are going to be here less than 5 years (cash flow - not including property appreciation which can go either way in the near term).Less than 5 years is too short a duration. 

Did it speak to any kind of tenant performance guarantee, warranty, duration of performance, anything?  

What they do not share is that it takes constant action over a long duration of time.

As a new member of BP I recently discovered the BP Podcast I decided to start from the beginning and I really enjoyed episode 12 with Sharon Vornholt (side note to Josh Dorkin and Brandon Turner, I enjoy all of them!)...

When I started this discussion, I wasn't aware that the seller was CONTRACTUALLY obligated to sell through the realtor for a certain time duration.

According to State statue 509.032 (b) A local law, ordinance, or regulation may not prohibit vacation rentals or regulate the duration or frequency of rental of vacation rentals.

However, this is a difficult qualification to meet, especially if you have a full-time job outside of real estate.Don’t worry if you aren’t able to qualify for REPS status, because there is another strategy that is referred to as a “loophole”, which is the STR strategy.Per Section 1.469-1T(e)(3)(ii)(A): there are six exceptions where your rental property income is not automatically considered to be “rental activity” and thus may unlock the door for being able to offset these losses against your active income.The average customer use is seven days or less.The average customer use is 30 days or less and significant personal services were provided (for example, daily housekeeping).Extraordinary personal services are provided, regardless of the duration of customer use.The rental is incidental to a non-rental activity.The property is available during defined business hours for non-exclusive use by various customers.The property is used in an activity conducted by an S Corporation, partnership or joint venture in which the taxpayer holds an interest.If your property qualifies by meeting one of the exceptions above, the next step is to demonstrate material participation in the rental activity.