The other is a smaller operation which does a lot of business in the specific neighborhood the house is in.  

I'm especially interested in hearing about how you've made a PMS geared more toward STRs work with MTR billing and leasing.I do remote operations support for an MTR/LTR company in Denver and am assisting with our tech stack build out. 

It is important to remember you own real estate in the Poconos and you are choosing to operate a STR business.

Dr's, Nurses, Electricians, heavy equipment operators etc etc.. 

You may be able to lean on the title company if they missed something, but generally if the deal closed and its not an issue of material disclosure or title or something its generally your issue now, the owner doesn't really have an obligation to comply if they closed according to the CD you signed.  

If he's doing work in Pennsylvania and not complying with that statute, you may want to reach out to the PA Attorney General as well.

Each should be able to operate on its own.

If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.

I will say that even though you get the boost from VRBO and AirBNB, the first year of operation is usually lean as you build up the rep.Offering a discount on the stay is a way to be more attractive but don't go crazy.

I’m in Ohio, so I can purchase a property with $40k cash out, invest $10k in repairs, and rent for a couple hundred above the monthly operating costs.