It's a very long standing visa program, super regularized, they have visas, 100% legal, ton's of rules about it. 

Completing the setup will likely lead to smoother operations and peace of mind in the long run.

As a investment property lender we saw a lot of success with flips but an even bigger jump in BRRRR success with borrowers holding as long term and short term rentals. 

The tax rate difference from from long term to short term alone won't make it worthwhile in my opinion- add the 401K withdrawal penalty on top.

The choice ultimately depends on your time availability and long-term goals.From personal experience with clients, professional management has proven to be especially valuable in risk management.

It's a long game, not a sprint. 

Firstly, it often generates higher rental income compared to long-term leases, particularly in desirable locations or during peak seasons.

They are all on separate parcels, paid off and occupied by long term tenants.

I currently work with investors to build their portfolios with Turn-key long-term rentals, making it hands-free for the investors. 

I plan on holding on to my properties long term so equity would be great as well.