Quote from @Sino U.: If you were to have 60K capital ready to deploy and wanted to get into STR where would you look for properties?

.* This could be a standard issue type thing and if u do nothing, nothing will happen or it could end up being your worse nightmare. 

I would take a couple days and go down there (preferably with a friend...rent a U-Haul truck and go get furniture from thrift stores, antiques stores, and even buy some new stuff.

And the other the bank generally says "wtf, r u kidding us". 

Therefore, transferring our jointly owned investment property into my SMLLC would not trigger a due-on-sale clause?

Quote from @Logan Williams: As a former student at the U of A, big rival games, homecoming, and greek life family weekends are a huge influx of people looking for lodging, with only a few hotels in close proximity to the University, STR's that are attractive can be few and far between.

Networking with local investors and building relationships can also open doors to joint ventures or mentorship opportunities.

They’re fully renovated and rented to U of R and RIT college students and grad students.  

Investigate "transactional funding" and "joint ventures".    

Happy to answer any specific questions. yah id love to shoot u a dm