Purchasing STR as a partnership

[Alexander Schloe]

Hello all, 

Hope that you are well. Thank you for taking the time to read this. I am looking at buying some STR property in multiple different states with a few partners and had a few questions for the BP community. Has anyone done this? How did you structure financing? Did you obtain a vacation home or a conventional loan and have an umbrella insurance policy? Was everyone on the title?

Or, did you use LLC financing?

Or, some other way? 

Thanks!