In fact, when you think about it, in terms of length of stay, they are closer to STR.The one fact that the “MTR are really LTR” crowd seems to be hanging their hat on is that any stays of 30 days or more provides the tenant with normal “tenancy rights” in most jurisdictions.  

Your lender will likely base the loan off just one income/credit though (at least that's how my lenders have done it)I would personally advise against it - life is a windy road and you never know when one of you may want out of the deal even if both have full intent to stay in from the onset.

Here are a few:Pros: -Reliable rent paid every month-Stable tenants that typically stay in the unit for a long time-Purchase prices are typically lower so easier barrier to entryCons:-Getting the files onboarded and processed is very tedious.  

Thanks for your feedback.Hey I stay in Miami and very curious on who did you end up going with to help you structure everything.

Most of the people from Airbnb actually stay a few months at a time, I have monthly rates to encourage people stay for a month.

The seller retains legal title until the contract is fulfilled.Advantages:Lower Upfront Costs: You can avoid closing costs typically associated with formal closings.Control: You can take control of the property to make repairs and sell it while leaving the original financing in place.More Flexibility: Compared to a novation, a land contract offers you more control over the property since you hold equitable interest.Risks:Seller’s Cooperation: The seller retains legal title, which can complicate things if they change their mind or their financial situation worsens.Resale Issues: FHA buyers may require the deed to be in your name for 90 days before they can purchase, which could slow down your resale plans.Subject-To FinancingHow It Works: In a subject-to deal, you take title to the property while the seller’s existing mortgage stays in place.

I have been doing my own taxes my whole life (56 now) and have 5 rentals (don't want anymore) so i feel comfortable about 95% of the time when filling them out.  

However, I have found that in Seattle, most investors stay away due to the stringent renting laws and the high cost of real estate.

An Attorney might tell you each LLC needs there own and an account might say they can all be in one because they are both looking at it from different angles.It's best to work with your attorney and accountant together to come up with a plan that everyone is comfortable with, you most importantly.I would echo @Errol Graham.

The people who will be staying in your unit may be different than your point of contact at the company booking who may be different than the individual responsible for paying the rent.