The short term rentals rates are at a premium in this location and I am trying to determine the best investment option as someone new looking to renovate with the above options and rent either half or all of the unit.

Over many years, you will likely use a combination of some or all of these strategies as you grow and try new things.

When you sell, you have to pay that tax pack, even if you didn't put it in your return any or all those years. 

if you have cap gains in 2024, or in the coming years, you might want to consider simply "abandoning" your interest in the LLC, which allows you to take the loss in the year you choose..For example, if you have cap gains of $50,000 in 2024, you might want to "abandon" a some or all of your Membership interests,  which give rise to a loss which will absorb the gain.  

And what 'is" is a tangled jumble of things. ai will just kick back an answer loaded with "and, if, but, when" because that is how the various statutes are, loaded with layers of variables that far too often make almost any action/answer right, wrong or unknown, sometimes simultaneously multiple or all of the above. 

I recently listened to @alwilliamson on The Michael Blank podcast and liked his model on extended stay vs long term or short term using part or all of a multifamily property.

Do an LLC with each or all of them. 

It's important to understand how the credits will affect your specific tax situation and when you can claim them.Recapture Rules: There are recapture rules in place, which may require you to repay some or all of the credit if you dispose of the property or change its use within a certain number of years after the rehabilitation.Overall, historic tax credits can be a valuable tool for property developers and owners looking to preserve historic buildings and lower the overall cost of rehabilitation projects.

Looking to collaborate with lenders by selling partial or all of some of my recently originated notes. 

Not in Coeur d'Alene because the prices for anything with land sounds like it'd be out of budget, but there are a ton of smaller towns and places in the county that you can easily drive in for the social stuff and still buy something that checks most or all of your boxes at a reasonable price.