However, this is not specific legal advice to you, just an opinion based on the circumstances described.  

Upon passing these checks, we can use a state-based lease template or re-use one we've already adapted with our specific lease requirements.

I will likely get approval based on my zoning.

As both an investor and a mortgage broker who has personally used both options, I can say there are benefits to each.It ultimately comes down to comparing the two side by side based on your specific situation.

I'm a central CT based investor, flipper, and property management company owner. 

Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.

Thanks.I’m based here in NY and my process to obtain title in my company name has not taken 2 years.

Yeah, you don't want to try to house hack in LA based on the price points out there vs. what you can get most likely.

I am based in NOLA and have a great property manager.

I’m also based here and have experience with short-term rentals, property management, and work with investors like yourself.