@Dennis Gallof, it sounds like you are looking for legal loopholes to liability risks and I am not imagining there will be many options there.

So you're collecting a fee for the picks and annual fees for maintaining the "LLC loophole" you believe you've created around the accredited investor requirement.I have to wonder what level of detail was shared with the attorney.

You can still take the STR Loophole which will have a similar strategy to offset taxes.

Make sure they are not jumping through a loophole.2) What does the lease state regarding notice and responsibility of rent should they terminate early? 

I’m sure if I bought the program it would’ve been a much smoother process in the beginning and probably would’ve help me with the ones I lost because some loopholes didn’t allow me to do what I wanted to do which I’m sure there was a way around them which I found out after the fact.

Also, will I continue to get the W-2 Tax benefits using the STR loophole if I move these properties into an LLC?

Most of those claims to pay if not closed on time have loopholes/tight requirements and more often than not we have seen the fall-out.This is a lot I know haha but hope this gives some context.

We have had an STR for just under one year, but we have not qualified (per our accountant) for the STR loophole so we have not cost-seg'd it. 

And if I convert another one to a STR a year later, the loophole is lost to me for that unit.

Rather, it will be considered earned income... and if you have losses especially the first year with a bunch of start up costs and depreciation... and if your money is at risk (let's assume Yes), then this business venture can offset (or add) to your W-2 income.This is how short-term rental loophole works.