After that, I can request a CO from the town and then make it easy for me to rent or sell it.

We don't have the means to buy, we've been working on our debt to improve our scores but not enough to qualify to buy without a co-signer.

JD also manages a co-hosting company that handles all STR operations for owners.

It is a very true that it’s hard be a co-GP without much experience.

My dad is a co tractor and has a guy for pretty much every modality in construction.

. - LLC doc sets are fairly cheap and easy to create these days (with limited assistance from lawyers) and its much much better to have that cover bases on arrangements like this - it will also fit nicely with financing options - whether you take on debt from a lender in a co-equity situation like your first plan (refinance loan to LLC post rehab?)

Double check with the VA if you can assume a VA loan without a COE.

@Kunal Lakhwani, have you thought about a co-management relationship with a local real estate agent to handle the tenant placement? 

Did you set up a KS LLC or a CO LLC?

I'm searching for a co-host to work alongside so I can learn the intricacies of the role.