When I was at Hersha we used this approach for 3rd party hotel management engagements and for service providers who performed services on behalf of the hotels my employer owned/managed.

At least that way you can feel confident that the additional leaf guards etc will truly prevent it from happening in the future. 

I have some 6-unit building and wondering if there might be an opportunity for additional income.

If you purchase more than you sell then you are adding additional depreciable basis. 

Additional fees may apply depending on the number of days the property is rented.Personal Property Tax: Starting in 2024, California requires some STR owners to report the value of personal property used in the rental (such as furnishings) for taxation purposes.Potential 15% Statewide STR Tax: A new bill (SB 584) may introduce an additional 15% state tax on STRs starting in 2025, on top of local TOT, aimed at addressing California’s housing affordability crisis​(

Equity in the DealOffering equity instead of—or in addition to—interest is another popular structure, especially if you need flexibility on cash flow.

I agree with all your points, and I'll add some additional thoughts that might help.5.

We are aware that the yard is large enough to accommodate additional dwellings according to local building codes.We are seeking advice on whether there might be any issues with building additional dwellings given our current loan.

I have 2 tickets for a SUPERIOR DELUXE GARDEN VIEW - (2) DOUBLE BEDS room with an additional day added on.

It's called something else that I can't recall at the moment, but they'll know and be able to guide you in the right direction.Since there is a large amount of equity in the rental home, just be sure that your new HOI policy has good coverage and possibly think about an Umbrella Policy or additional insurance coverage to "protect you" vs. trying to reinvent the wheel and forming an LLC just for the one property.SD