With this strategy we are getting traditional financing and buying on market deals. 

I am planning to BRRRR in DET and do turn-key up here as we are so short on labor. 

Long term/ short term rentals would work, ideally in the $400k range or lower. 

I would be happy to forward you the contacts of these folks so you can reach out, as well as a referral for a short term rental consultant who may have some insight.

@Matt PowersFrom my experience, deciding between short-term rentals (STRs) and long-term rentals (LTRs) depends on the market.

Remember this is a marathon......That said are you planning to flip, hold(short or long term?)

I'll work with an attorney to assist with drafting that.Q2: Yes, I'll talk to my CPA but we'll most likely hold the property for at least 1 year under the LLC given our timeline to design, permit, build and sell the property, meaning I should avoid short-term capital gains.  

I've never heard of Kin, but I too am in the market for short term rental insurance.

*I aim for a certain guest experience and keep occupancy lower to minimize wear-and-tear and respect my neighbors.

.- Short-Term Rentals in Non-Traditional Markets: Secondary markets like Florence, Alabama, are ideal for short-term rentals.