If they say "No" then ask them to support that with documentation to avoid a boiler plate response. 

Plus these companies are subject to a lot of regulatory scrutiny (SEC, SOX).This Tardus strategy truly makes me cringe.

If so, do you have any paperwork that supports the vesting to be able to show a potential lender? 

In the few markets where the demand and markets support this, it’s likely that the municipalities will fight you tooth and nail. 

These are top drive-to destinations for much of the Southeast, so short-term rentals here can generate solid cash flow, especially during peak seasons.The area is also seeing steady growth, with more infrastructure and amenities being added to support visitors and new residents.

Lol) to support or debunk my thesis, I came away with several neighborhoods in Ohio that will continue to grow for both appreciation and cash flow in the next 5 years.  

What I think you'll need to find out from lenders/banks/credit unions is how much historical timeline they'll need to review to support the valuation/income.

For my clients, this SCREAMS of building equity, provided the ARVs would support the rehab.

You can do any strategy you want personally so long as the market data supports a 1:1 under STR, MTR, or LTR income strategies.

You also need UX, support, quality, a million other things.