I call them Micro hotels/co-op living—12-bedroom duplexes with 12 baths and two standard common living room kitchen spaces. 

Thanks for the advice, I have read some books but not that one.

We don’t update my photos frequently, but we do make strategic pricing adjustments to ensure the listing stays active and optimized on booking platforms.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

Have some very competitive prices to start with to get bookings and reviews.

Here is the key: Don't pay for anything until it's done to your standard.

I'd recommend sticking to duplexes and triplexes. 4 units are considered commercial by building standards and have higher scrutiny.

Pretty standard and we've definitely done it in the past with a lot of real estate agents we work with that invest. 

Every HML will work somewhat different but here is the standard flow:1) Get pre-approved with an HML - This should be free.

You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.