Or should it remain in the residence and we are at a standstill until the set amount of days? 

There's definitely some risk in there that bookings remain flat and not everyone uses the coupon.

"the party making the payments is obligated on the mortgage debt" - what if I'm not approved to assume the (income based) loan and I want to instead do subto, does that mean I an not "obligated on the mortgage debt" and the loan will remain on the seller's DTI?

Quote from @Jonathan Feliciano: Hi BP Community,I recently read in an article that Cleveland, OH, is one of the few remaining cities with affordable housing. 

But it's still an active market and home prices have remained up.  

The general concepts remain the same.

Then with the remaining cash, we have a partner who would go in on a multi-family with us.

A lot of questions still remain, hopefully we can answer a few of them.

This way, you can remain a passive investor.While starting an LLC and running short-term rentals can be feasible, it's crucial to structure your involvement as a passive investor to stay within legal bounds.

- 3/2 - all Brick - No Flood Zone - No pools - No Deck - Built in 2006Original tenants have remained in the property with yearly increases to rent.