We see all kinds of crazy stuff, and we sort it out on the tax return whether it is a Form 8825 on a 1065 or if it is Sched E Page 1 on a 1040.

You can also run your STR in your personal name or elect to start a company that operates the STR i.e. branding.If you do not qualify or for some other reason do not want or cannot qualify for conventional financing, you will likely have to go to some sort of DSCR or other business purpose loan route, and they will actually require you to put it into an LLC.

But I've heard of no name syndicators who have a really good niche able to get this sort of "friends and family" structure.

I don't have any properties yet, and I don't have any sort of written plan either.

If you're looking for long-term, We have investors from literally all over the country buying these new builds.Horton has been offering all sorts of $$ towards rate buy downs, upgrades, closing costs for months and its definitely hurt re-sells.

I would really appreciate any sort of direction, links, information that could be provided.

@Carlos Oliva - Yes, but you most likely want to involve some sort of collatoral in case they don't pay, you have some sort of recourse.

The city inspector did sign off on the work, and I sort of knew it wouldn’t be perfect going into it, because he was 1/2 the price of other contractors estimates I received.

.- Urgent maintenance issues, this is the most tricky part, in my case I have 3 of these situation and the go-to contractor didn't even answer the phone, so I had to find someone else, so made many calls to get this sorted quickly.One of my investors lives in Chicago and found that the house was destroyed when the tenant left so his wife came to Dallas for 2 months to fix everything so they can put back in rent. 

You're just another rich guy from out of town until you get to know them and hopefully establish some sort of a friendship or good working relationship.