As a model, Techvestor syndicates (uses investor funds) to acquire, fit-out and operate short-term rental properties for profit in select markets across the US. 

I agree with all of this HOWEVER I will say, if you have a unique product to offer to the market, you can attract even the highest quality tenants in the rougher areas, especially if they are secure properties that are close to downtown.

I'm in contract on kind of a unique property. 

When I apply for the business bank accounts, I give them my LLC's EIN and also my own SSN as the owner and their form asked me if this LLC will be taxed as sole prop or corporation and I selected sole prop.

That is if you renew their 11.5 month lease for another 11.5 months you can only evict them for a violation of the terms of the lease (aside from a few unique carveouts such as you or a family member moving into the unit).

A couple reasons for this include:US Territory:As a U.S. territory, Puerto Rico enjoys unique benefits not shared by its fellow Caribbean islands.  

I still have to see what's happening with utilities, but right now it would cashflow anywhere from $150-$300 (depending on the loan type and DP we select) with a CoC ROI between 9.9%-10.8% (lower than some other options we're looking at, but it already has tenants...)Thoughts?

Is this a unique form of house hacking, where the rental income from our owned properties covers the rent of our new rental home?

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Very selective though on who we work with and we only work in Markets we know and like..