We are currently working hard with legislators to provide protections for parks both locally and in NYS.

There's an adage in several sports about critical things like protective gear: "a $10 helmet for a $10 head."

A combination of extremely tough long term tenant protections and the economics of short term renting being a lot more attractive. 

By not putting all your capital into one deal, you protect yourself from major losses and keep your portfolio more resilient.

Just trying to get as educated as possible before making any decisions, and setting up my asset protection accordingly. 

exactly I fund wholesalers in SC all the time.. its a boon to my business  :)  these laws are sweeping the nation.. its consumer protection U just have to many deals go wonky and complaints are filed so regulators are finally taking notice to this acitivty..

I'm not sure how to protect my value add strategy if in partnership and would prefer to outright own.

The LLC is there to protect you from liability when doing business by SEPARATING your business from your personal.

If you are just looking for principal protection assets you can do a lot better than empty houses, if that's what you are doing. 

They care about making money and protecting their asset.