Consider seeking a mentor as well.

Assuming this is proper in your situation, with treatment of a tax partnership, reporting would be as such with a Form 1065 filed, claiming all rental income and expenses, and then issuance of a K-1. 

While these efforts hold promise for the future, I'm seeking practical strategies for navigating my current challenges.I'd greatly appreciate any insights, advice, or resources that you could share with me.

Readers should seek professional advice.

@William Coet this is likely going to be quite variable and be determined by your relationship with the institution you are seeking to do business with. 

You're better off spending time seeking out a title company that has done double closings that trying to explain it to a title company that hasn't. 

Additionally, networking with experienced investors and seeking guidance from professionals can provide valuable insights tailored to your specific situation.

Consider seeking a mentor as well.

Also seek out local agents you specialize in STR. 

I'm looking for land/teardowns in Miami and surrounding neighborhoods to build new construction properties.  Zoning can be for single family home, 2-4 units and multifamily.  I'm a licensed broker, but would be acting...