Thus since in both cases you as a short-term landlord are merely providing basic services to your short-term guests (and receiving passive income in return), I would think this meets the requirements for Schedule E and I would think that you can report the income on Schedule E even if you don't own the property, thus avoiding the 15.3% self-employment tax?

Also before looking at multifamily, look at what the status is of the tenants.

Also, ask the person who showed interest what's stopping them; their feedback is gold!!

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We bought an established cabin with many guests that come back every year.How many bedrooms do you have?

Make appointments to talk about your financial status, investing objectives, and borrowing choices with possible lenders.

I don't think you'll go wrong either way; just coordinate enough time between the guest leaving and the guest arriving so you can ensure cleaning AND maintenance is done.

Safety is in the eye of your guest.

What is his status with the existing HML?

I just renewed my SAM.gov status and am seeking to apply to some of the listed leasing bids, but wanted to understand more on whether it's common to acquire them as tenants through subleasing, informing the owner & getting authority to lease, or I'd have to own the commercial/residential property out-right?