if you can tell the future with 100% accuracy sure it would be an easy decision. and yes, for some buying down a 1-3 points can absolutely make sense.  

Like any topic you have to put the time in and learn.  

Happy to share my experience to help you make the decision. 

It has a lower turnover than STR but can bring in higher rent than traditional leases.Co-Living Arrangements: Renting rooms individually on a month-to-month basis could generate more income than a single long-term lease while reducing management hassle.Furnished Long-Term Rental: A furnished rental could allow for higher rent and attract tenants who don’t want the STR commitment but still value flexibility.Partner with a Local Boutique STR Manager: Some local companies manage STRs with lower fees than Airbnb's traditional managers and could help keep profits up without 20% fees.Hope that helps you with your decision!

I also looked at the old posts and google and haven't had any success with this topic. 

I know this may be an individual decision ultimately, but what types of land did you purchase, or what regions, or what characteristics and why?  

I first need to see their place before I make a decision. 

You still make some decisions, can exit again at will again using the 1031 rather than being tied up for 7-10. 

We didn't sign up because we felt that we hadn't explore RE investments enough to make a decision in 3 days.

Management is free to make whatever decisions they think are in their best interest… hopefully that consideration extends down to the LPs, and usually they do.