Reality was whoever bought it would have to live there to manage it and operate it daily.

Hey @Anthony Dupre, whatever you decide for your entity structure, ensure it's simple enough for you to easily abide by the structure in your day-to-day operations.We've had bookkeeping clients with complicated structures that apparently protected them to the maximum degree but they didn't abide by the structure when conducting transactions in their business daily (lots of unintentional commingling).

IF you were to renovate a non-conforming unit, that unit would now need to be brought up to code.When or if you rent out the unit, you, of course, run the risk of the tenant calling the city and saying the property isn't up to code, which would, in turn, cause an inspection by the city and likely result in some violations that would require you to bring the unit up to code.These types of units are ALL OVER the city of Chicago and be rented out on a daily basis, but there is still clear risk associated with renting them out.

If you need any local boots on the ground, let me know and I can assist, I'm in Akron daily.    

The market "sees" hundreds of millions transacted daily. 

Constantly juggling guest messages, cleaning schedules, and last-minute bookings can turn the dream of passive income into a daily grind.But with the right automation tools, STR management can be not only hands-off but also more profitable.

I’ve been posting almost daily on his Facebook page....

Profit First allows be to manage money without having to do all the daily math when money is lumped into one account.

Facebook is only too happy to keep presenting this kind of stuff to me daily. 

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