Another option could be a private lender or a community bank that specializes in investment properties.

Looking for recommendations for design services that specialize in furnished midterm rentals.

Especially if they specialize in seller disclosure problems.

I don't use a special lease or anything, and my guests are only staying days at a time. 

Your insights into how these smaller, specialized shops operate and the value one can bring by helping them modernize are incredibly valuable.

If that's not what your desired outcome is, do not get suckered into doing the FHA streamline refi.So at the end of the day, you have options, but if your goal is to buy another property, it's best to walk through all your options with a loan officer who specializes in working with investors and these exact scenarios, and map out a gameplan not only for your current property and next property, but getting to property 3,4,5 etc so that you don't get stuck on your journey.Hope that helps and best of luck!

If you need assistance with the setup, my best friend is a lawyer who specializes in these matters and can help.

@Shawn Good, my understanding is Fox Lake allows STR but you have to get a special use permit and it's a 2 night minimum.

Regarding a refinance on a sub2, are there any special conditions or is it straight forward like a normal refinance?

I'd rather have investors be prepared for the worse case (long hold period), just in case we have to hold for that long to achieve returns.