We just received the warranty deed yesterday from the county.

They were telling tenants that the Zillow listing was not valid and that I was just an agent that they had since fired and that they were the real owners.

Finding handymen is NEVER easy:( Often, you have to use trial & error method and weed through several before finding one that is acceptably (never pefect) reliable, quality, will fix warranty issues and has decent prices.Try visiting a Home Depot 6-8am on a Saturday.

Zachary,Your concerns about Cleveland are valid—high property taxes and stagnant population growth are definitely challenges to consider.

But given my parenthetical statement, and this shows where perhaps you may have less experience in the STR world, for no valid reason, your preferred platform can make a unilateral, unfounded decision to ban you and there goes your business.Which brings me to my final point.  

Are you aware of some actual legal authority that validates the IRS opinion on this issue?

All valid points and why I'm hesitant Kai.

Great people, intuitive platform, get their K1s out on time and returns have met expectations...one of the reasons I am invested in two funds at this point as the first investment was really to test the waters and validate I was a good fit.  

The concern about interest rates affecting the deal is valid.

It will have to be a pass through/disregarded LLC to keep the tax payer the same and the 1031 valid.