I understand that forming an LLC and having a business account could be beneficial for this purpose.Thank you for your assistance as I navigate these questions and seek a clearer path forward.

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

Put 5% down is mutually beneficial as you only had to put less than 2% down. 

These sessions are not mandatory but highly beneficial.

- **Stay Engaged**: Keep the lines of communication open and express your continued interest in the property, even if he needs time to think it over.By approaching the seller with empathy, clear benefits, and a willingness to listen, you can effectively plant the idea of seller financing and potentially create a mutually beneficial arrangement.

HI @Dan Ashley,I agree that partnering with someone would be beneficial for both parties.

Do you call your mutual fund company and tell them what to invest in? 

Government is nailing property managers to the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’

@William Vreeland, Nashville to Knoxville is a 3 hr drive, so unless you family is consistently in Knoxville, I am not sure how having family in one city is beneficial to investing in another.  

She has a dozen or so properties in her personal name and said when they went to court the lawyer knew that , knew she didn’t have mortgages, the amount she had in her 401k and even mutual funds.