The terms are also similar to conventional investment property loans - 30 year fixed rate, 30 year amortization (or up to 10 years interest-only).

Cincinnati and Dayton are great markets for both cash flow and long-term appreciation.

Is the mid term rental business that you have a 'rental arbitrage' business?

I was last getting terms around 5-6% for the first 5 years, then floating with prime, 20 year term. 

I'll work with an attorney to assist with drafting that.Q2: Yes, I'll talk to my CPA but we'll most likely hold the property for at least 1 year under the LLC given our timeline to design, permit, build and sell the property, meaning I should avoid short-term capital gains.  

Quote from @Steve Englehart: I currently have two long term rentals and am looking into buying into the short term rental arena.  

The worst part is they refuse to help me get the account back, quoting their terms of service and stating they are not liable for any issues with my account. 

just double checked my lender is now 80% LTV for short term rentals only 85% for long term rentals

2) The minimum hours required are 750 hrs, but if running a short term rental, 100 hrs is supposed to be adequate, is that still true ?

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