From the little I know of San Antonio (I am a wholesaler who specializing in selling STRs nationwide) its not a super hot Airbnb market but the amount you expect for rent sounds pretty conservative. 

Oh very interesting, I'll have to check the planning commission meeting notes because this was a hot topic in Denver the last few years so if it was discussed there on public record I'm surprised it wasn't in the news at all before!

The STR loophole would work on the properties above, and then I could connect you to my CPA who has some great strategies like investing in Solar to keep more of your money. 

Would there be any other tax consequence to the partners as a result of the liquidation assuming no hot assets? 

The beach access limitations have been a hot topic for investors, and it’s definitely something to dig into if you’re considering the area. 

As you can see, two people already said just in this thread they have 100% occupancy during the hot time.

I an afford to sit on this property as its in the Yosemite AirBnb hot spot and don't need to do anything right away as its in a killer location.

It might be worth talking to a lawyer but not sure if it's small claims or worth it.Also, you might already have all of these things but for future prevention:- smart thermostat (so you receive alerts when the inside temperature dips below whatever preset you have)- Minut (or similar device) would also alert you to the inside (and outside) temperatures; for example, I have 2 devices inside the house and outside on the hot tub deck.

Affordable housing is RED-hot at this time, especially if it's decent 3br+ housing sub $2k.   

There are some “hot button” topics on BP which bring out “knee jerk” reactions and sometimes incorrect assumptions from some of us long time and frequent participants.