@Akash AgrawalYou can have single person on mortgageThe issue about deduction is who is actually paying the mortgage?

However, I am running into a consistent issue - currently I am using REIPro's built-in skip tracing software, but it seems a decent amount of the numbers this program pulls are disconnected or are not the right person (I.E.

This is an issue in Reno, NV with many multifamily properties where an older owner has not raised the rent in years and their selling agent thinks the property is worth market value, it's not and there is usually lots of deferred maintenance.

Look for sellers who need to sell—due to financial strain, property issues, or other urgent situations.

We (the buyers) notified our agent that the property must also be move-in-ready.We received images of the interior and exterior which showed the property in move-in ready condition/what appeared to be minimal to no deferred maintenance issues, the listing said "property inmove-in condition/turn-key".

And STRs really help because you don't have the large dings that long term rentals have - i.e tenants damaging the property to where you have huge make ready costs (the str insurance covers that), no collections or evictions issues. 

That is not a benefit for you, nor any kind of evidence that they are worthy of becoming a resident.That issue aside, I would not allow someone with a recent eviction on my property unless the "unfortunate circumstance" was unlikely to recur AND they otherwise have a strong historical track record of making payments AND they would put down a very large security deposit.

Purchasing in your name might be simpler and cheaper upfront, but you’d be personally liable for any legal issues.

I thinik a lot of municipalities are going to face money issues now and in the next few years where it will be too counterproductive to ban STRs (even if thats what the particular constituency wants) and give up the revenue

The issue in most instances is the inability to articulate the risks and how these structures will actually help and therein lies the issue and why most go over the top on asset protection expenditures.