Quote from @Michael Baum: Welcome to the forum @Chris Primavera.Seeing as you are brand new today, it would be good for you to search on the forum for those areas and read everything there is about those markets.Grab @Avery Carls book Short Term Rentals Long Term Wealth and read it. https://store.biggerpockets.com/products/short-term-rental-l...It is chock full of info that you need.

Quote from @Michael K Gallagher: we've generally seen a more balanced market here in central OH. 

@Michael Carbonare: 100% correct with the caveat of you shouldn't just jump in without some understanding of your investment, that is just irresponsible.

Welcome, Michael!

Quote from @Michael Baum: Hey @Ben Cochran, I am with @John Underwood.

Quote from @Kathy Kifer: @Michael Plaks - I just came across your response to this question.

I agree with everything @Michael Baum said.Many people, including myself, have used a 10% down second home loan to buy a property used for a STR.

Quote from @Michael Garofalo: Everyone has different opinions on this and it really comes down to personal preference.

I'm about the same as @Michael Baum, maybe an hour or two more in season when I'm fully booked.

For your specific question about doing a JV on the loan, my suggestion would be that both go on the loan and then do a separate joint venture agreement...because you can not have an LLC on the loan for those loan types, they need to be in your personal names.I am not a lender so maybe one of my lender friends could chime on exactly this would work @Zack Karp, @Michael Facchini, or @Jose Valdovinos?