(Trying to skimp on coverage by not telling them you're Airbnb-ing the place will defeat the purpose of insurance if they deny a claim because you weren't truthful.)There are specific STR insurance carriers like Proper Insurance, but most major carriers offer a rider for vacation rental or short-term rental insurance as well. 

However, there are some additional steps involved with Section 8, like coordinating with the local housing authority.

Create a short, professional explanation of proper/improper use.

A secure building will appeal more to potential tenants and provide peace of mind.Energy Efficiency:Ensure the property is energy-efficient with proper insulation, energy-efficient windows, and appliances.

I've come across a piece of land that is properly zoned in a growing industrial area.

@McKinly SpringerThis did not bond as they didn’t prep the floor properly nor was this done properlyIt does not appear they even used a self leveling material like ardexTo me this appears all of it needs to be ripped out and redone properly

Your accountants will love you and hate you as they love you because they will charge you a fortune but despise you when you do not put money in and out properly. 

The proper timing and structure of that loan are unclear from the information in your scenario.

They said it was a lot easier and better to simply create a new LLC to properly match what you are trying to do.  2) So, that is the other route, creating a brand new LLC.The PartnershipThe hardest ship to sail is a partnership, and there is no "fairest way" to do things. 

Your agent should be able to point out if the property was properly renovated or if they just slap something together to make it look good right before sale.