Hi Vijay, Can you provide pics, the zip code and numbers so readers can evaluate your deal? 

All the guest rooms have separate exterior entrances so we put keycode locks on those and guests get the code via text a day or two before they arrive. 

The community is also about 30 minutes from Disney attractions.You can DM if you need more information or chat about this and adjoining communities in the Kissimmee area, covering several zip codes.

My point is I'm not interested in having a second job.Currently doing analysis on identifying top zip codes for the facility based on criteria like age distribution, median income, education levels, % of home ownership.

From the sentiment of your post it seems like you're viewing the buyers as strictly investors when they may lean more towards traditional homeowners looking for a quality of life improvement or an improvement on their current financial situation today.Let's say the buyer pays 465k and has a 5% interest rate.

Would you be looking to owner occupy the property or strictly as an investment?

From tax stand point I would think you can separate from primary and be okay with IRS being that IRS will not be local code enforcement.  

However, to qualify, the property must be investment property (not a primary residence), and strict IRS timelines apply.

It stops nonsense before it starts and keeps your property safe (and your sanity intact).Hard on Paper, Soft in PracticeMy lease was stricter than a middle-school dress code: no overnight guests, no smoking anywhere, and quiet hours that would make a library blush.

But I find from personal experience and from my buyers' Airbnb experience that it's a bit of a hassle trying to get guests to rebook at the new listing.I don't know how strict Joshue Tree is at enforcement, but in Denver and Colorado Springs here, you could probably get away with an STR listing for three months without the license.