Interesting, I was reading the Key Data report on Next Season's US Rental Trends and noticed they include owner nights and hold nights in their calculation.  

As a newcomer, I’m eager to learn and would love to hear from the seasoned experts in this community.If you were starting over today, how would you approach getting into commercial real estate in Minneapolis?

.• What is the property seasoning?

You may have dodged a bullet if you really forgot to check and verify all the items.

Most mortgage companies require a mortgage to "season" for one year before they'll sign a partial release of mortgage.

There is also a much larger inventory of rentals for a prospective resident to look at, a few years back we were in the 3ks for vacants and this year bumping up near 5k during the peak season (in my opinion probably due to the low entry price point for investors compared to the rest of the country as well as low interest rates on loans for folks moving out of their homes).

Does that seasoning period apply if I cash out refi into a DSCR loan?

Maybe i bite the bullet and try PM and then if i really dont like them incan either take back management or sell if its just too much.

If it has great LTR capabilities, I'll have a larger loan if it's strictly a seasonal/market related STR it's no leverage on it.The money is where the work is needed.

STRs depend on seasonal demand and can have more frequent vacancies, while LTRs provide steady, predictable cash flow with longer leases.