I have read all of the "trends" and statistics but now I am Looking for feedback on personal experience in the Akron market.I appreciate it! 

I probably would have tried to come up with a way to do 2 bedroom so that we could sleep more.

If I read the story correctly, your client did not report rental income.

Quote from @Kwanza Price: Thanks Chelsea for your reply.I mostly wanted to understand what the experience was like and if you have any advice for setting up an LLC/IRA?

• Any tips for maximizing house hacking opportunities in this area?

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Every where you turn there are STRs going up on the market fully furnished because they couldn't pay the mortgage and bills with the rental income. 

I will say that even though you get the boost from VRBO and AirBNB, the first year of operation is usually lean as you build up the rep.Offering a discount on the stay is a way to be more attractive but don't go crazy.

And as you can read here on BP this is probably the number one recipe for financial failure. 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.