Irs determination “You're considered to use a dwelling unit as a residence if you use it for personal purposes during the tax year for a number of days that's more than the greater of: 14 days, or. 10% of the total days you rent it to others at a fair rental price.”

I'll just be honest...you're in a very difficult spot and there isn't going to be a straight forward or easy way to recover your funds or get the work completed. 

The main difference here is your clientele/residents.  

Investment Info:Single-family residence fix & flip investment in San Juan Capistrano.

If I were in your shoes and you wanted to keep them on MTM I would have them still sign a MTM lease and make the one resident pay a deposit, assuming you can sign new MTM leases in your area.I personally would still probably shift them to longer-term leases anyway, but it's not a bad idea to feel them out for a few months.

I am trying to be positive and understand that this is possible, but I am not honestly seeing how this is easy for others and not me.

Hey my name is Julian Frazier, I am a nineteen year old resident of Cincinnati, Ohio.

My wife and I own a condo as our primary residence, we owe 216k on it.

Every adult residing in your rental should apply, be approved by you, and sign the lease.

Thanks so much for your honest input.