I also work in the Rochester, NY area providing deals for cash buyers.

By electing QBI safe harbor, you ensure that your rental activities qualify as a trade or business under §199A, provided you meet the 250-hour material participation rule and maintain proper records.

Buying as a vacation rental could potentially qualify for a lower interest rate, but you’ll likely need to provide proof of personal use (even if minimal).

Right now we're inquiring with our insurance provider to validate proper coverage, checking with our rental license if it covers uses like this, and working through what a lease would look like. 

If I were down there I would think about setting up a food truck or 10 or 20 and serving breakfast burritos 24 hours a day with some good hot coffee.Just my 2 cents.

Just to provide and absolute in this situation, we will sell this home when we move out of Midland.

If you are considering working with them, I strongly advise you to double-check the provided rates and terms carefully.During my loan process, I discovered that they had added a yield spread interest without informing me. 

They are valuable and provide insight on how to decide on how much to without for capex, maintenance, vacancy etc.

---Are you talking about providing umbrellas and raincoats as alternative guest coverage in case they didn't bring their own? 

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.