Converting the partnership into a Tenancy in Common (TIC) could work, but keep in mind this requires dissolving the partnership structure and redistributing ownership, which may have tax implications depending on how it’s handled.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

A "lake house" might be in a residential zoned area where a commercial use would be prohibited or at least require a variance (approval) to make an exception.

Does the contract require arbitration or remediation?

It may not be required, but we are generally in a better place to absorb the loss than our tenants.

Follow the exact legal requirements of your state.

@Carlos Ptriawan how do you mean, "management required the LTV to be lower than 50-60 percent" ?

Not only is it very difficult but also leads to poor real estate investment decisions/ rejecting opportunities that require patience while attempting to achieve the W2 replacement as quickly as possible.

We require a minimum credit score of 620 (averaged between occupants) to qualify.

If I own a STR and it is operated by Vacasa, then I sell the property to someone else who still wants Vacasa to manage the property, this wouldn't require Vacasa to take down the listing and make a new account/listing.