If it wasn't so, the current typical popular model wouldn't even exist. 

Some of the simpler asset protection solutions would include the following:  having max funds allowed in qualified retirement plan or IRA rather than personal as retirement plans are exempt assets in Federal and most state bankruptcies; investing through an annuity if your state (Florida and Texas for example) exempts insurance policies and defines annuities as an insurance policy; taking advantage of maximum homestead exemption in your state; use of corporations or more popular LLC or Series LLC to limit liability to the entity holding the asset; reasonable liability insurance if available; separating asset ownership from asset management; etc.I can design a simple, cost effective asset protection strategy of up to about $5million with little cost IF the individual resides in Texas or Florida.  

James I had a front row seat and lived through a failed syndication ( I was a broker bringing the company land development deals in the late 80s) This company had a few syndications go bad like we are seeing today with the popular syndicators that have been on BP..

It also has become a popular travel destination over the last 5 years or so, so there has been an increase in competition in the STR space as well. 

Hey Phillip - DSCR's have become a popular route for the refi portion on BRRRRs.

My goals would be to increase monthly cash flow and have more access to the property's equity for things like Cap Ex, etc....Here's a blurb from a lender's website:"By combining banking functionality with home financing into one dynamic instrument, borrowers are able to save tens of thousands of dollars and years off their loan""Designed after popular programs around the world, the All In One First Lien HELOC is the nation’s first transactional offset type-mortgage program.Home financing and banking combined:Deposits lower your loan’s principalFunds remain available for expensesInterest is calculated on the average daily balanceThis lowers the monthly interest paymentsTens of thousands of dollars can be saved over the life of the loanMortgage freedom can be achieved in half the time or less

Peer-to-Peer:  Popular apps that allow anybody to pay each other. 

If STR's are popular in the market you are in likely there is a designer who will pick out and set up your entire place.3 - Go yourself. 

Quote from @Mo Karim: With every increasing regulations on short term rentals, midterm rentals is becoming more popular with investors. 

Tile isn’t as popular in Northern New England.