All a mid-term rental is someone staying not permanently but longer than on vacation.

Q1: Great points, we'll need to have a detailed operating agreement that outlines an agreed approach to all potential outcomes.

I did a search on the forums and insurance seems like it could be a major problem.Shouldn't be an issue at all. 

If you buy 100 different properties in 2024, they are all individually able to get the ATI.

Quote from @Surya S Kumaresan: Hello Folks,Hope 2025 is off to a great start for you all!

A couple of years ago, I worked with an investor who never updated the contact information for the loan and the Bank call the seller (ex-wife), that day she was mad at her ex-husband and told the bank her ex allowed someone to steal their property from them and they got no money, she was kicked out of her house and there were strange people living there.This could all have been avoided if the investor did this process correct.Get educated, also I do not know your attorney but not many attorneys have the knowledge to do this process correctly. 

Quote from @Alexandra Feig: Hi all,About to close on a property in Columbus and seeking some contractor recommendations!   

Who is their architect for all plans and permitting?

I can send a million articles, but i encourage you to go to maricopa.gov in addition to the city websites where you will see all the development going on here at a micro level. 

It's just going to cost you quite a bit of money to have your accountant prep all of them.