These are more complex legal structures that can provide even more protection than a traditional LLC alone.

Traditional FHA

I think investors looking to break into STRs will find better returns outside of the traditional hotspots.

-Ideally list early in the week and during a weekend-Monitor economic indicators and interest rates.Marketing Strategy:-Develop a comprehensive online and traditional marketing strategy to get your listing in front of the most buyers.

It might be easier at that level to sell traditionally and find assets to offset that gain.

Oftentimes when municipalities ban STRs they will grandfather in existing operators, but if you are mid build when they do that you’re screwed  Once you’ve identified a list of “safe” markets, compare them on Airdna to see where you can likely charge the most (I’m assuming building costs will be more or less similar, so you might as well pick the area where you can earn more revenue)Also, in this market you may be able to pick up land with seller financing instead of having to buy in cash or traditional financing … potentially low or no money down, and won’t affect your personal DTI.

I am mainly looking into traditional flips or BRRRRs right now. 

Traditional Duplex/Triplex/Quadplex: I grew up with plans to buy a plex and house hack it, ever since I got into REI in high school.

I'm aware that short-term rentals aren't covered by traditional home insurance, per se, but is such the case with stays over 30 days?

Option 1: The more traditional approach with about 25 - 30% down can buy about $3-4M with leverage.