I know that 1 and 2 are probably the preferred and would speed up our plan as it would allow us to acquire more property, sooner than number 3.As you can see and we have learned through the forums and podcasts, that we have made just about every rookie mistake in REI.  

In most cases with this type of appraisal, investors will pay a bit extra to have a real human being look at the results the algorithm has generated and make adjustments so that the comps would be more representative of the subject property, if possible. 

Speed of response2.

I'll take some time and review all of this information and adjust my process accordingly for next time. 

Most folks will try to match their adjusted cost basis with the sale portion allocated to the FFE of the business so there is little or no depreciation recapture for the FFE.Whatever allocations for good will and FFE you end up with can be used to pay off those pesky personal bills. 

An A+ credit file will have those 5 accounts open for 24 months...I say that because you won't necessarily be able to open account this week and then check back in a month... open the accounts get you started what helps your credit is managing those accounts successfully overtime.There are a few ways to speed up the process and give yourself an established history in a couple weeks instead of a couple of years... it won't work for everyone but it will help in certain circumstances.Reporting Rent To Credit: This can be done in a lot of different ways.

2) is there a max AGI (Adjusted Gross Income) at which this strategy (of using the RE professional status to reduce active income) is no longer worthwhile?

If it were sold through normal real estate brokerage firms, we would have to pay 6% commission, therefore I deducted 6% from the appraised value to arrive at an adjusted value  of $436,160.   

So if you're targeting them specifically, you can adjust your minimum nights accordingly if that's what your looking for.

I see every acquisition as a mandate to try and maximize the highest risk-adjusted returns to partners.