I usually only do commercial/industrial developments.

I have private money family friend who wants to fund multiple investments and since I come from the construction industry they are confident in my ability to rehab properties.

I look forward to connecting with everyone to grow my knowledge of the industry and help others with questions should they fall in my area of expertise.

For ownership of income producing property held personally, or thru a pass thru entity, different rules apply to the ability to recognize loses against passive or earned income, depending on the individuals gross taxable income, preference items subject to the alternative minimum tax, and whether or not the individual is in the real estate industry, or how much of their time is spent managing real property investments. 

There's plenty of regulation surrounding the STR industry, but it's perfectly legal and welcome here.

yes it would take a retooling the industry and industry standards no doubt..

It's frowned upon by EVERYONE in the industry.

Quote from @Dylan Harris: Hello All,First post on here, I am just getting started in the RE industry - specifically foreclosures.

I am very new to the industry, to the point that I think I should start an LLC as a holding company.

But I believe that if you're not violating any terms, not in a restricted industry or involved with anything deemed risky by Stripe then you're probably safe.It appears their move to Stripe is for accelerated payment processing, which is interesting since they acquired eRentPayment and Payment Report.On surface level it might be they're adding Stripe as an option on top of their existing infrastructure.