If that classification meant the property should be reported on Schedule C, it would not be listed as an option on Schedule E.
Schedule C is for rental real estate owned by a real estate dealer (who owns and sells real estate in the ordinary course of business) and for those who provide significant and substantial services to their renters (i.e., as in operating a hotel, or in the same manner as one).
For the purposes of the program, there is little (or no) impact on whether you select that classification or single-family home; it is the fair rental and personal days that matter.
