Students leaving one of these places and moving in with us for the following September, often put their belongings in storage for the summer.In another scenario, we have tenants who leave for the summer, or a term or two for a co-op placement and want to sublet their unit while they are away.  

I went to my local reia they said to require a co-signer on the lease, and 2 months of security so that is what I told them last night.

The lister said BOA wanted a "co-op" bpo.

Obviously he is a CO lawyer and has outlined what you need to do.

But maybe with those scores it is still possible…Have you considered a co-signer that can prove income?

As others said, a great and reliable cleaning crew is crucial to success but difficult to find.I manage Airbnbs in the Charlotte & surrounding areas and would be happy to connect if you are in need of a co-host / property manager

@Brandon HallOn page 1, 2nd column of the IRS Instructions for Form 1098, under Exceptions:You need not file Form 1098 for interest received from a corporation, partnership, trust, estate, association, or company (other than a sole proprietor) even if an individual is a co-borrower and all the trustees, beneficiaries, partners, members, or shareholders of the payer of record are individuals.One of my lenders (where the loan was secured by a property) sent me this from her CPA, saying that she's not going to send us a 1098 and that we have to send her a 1099-INT because our company is an LLC.My CPA said that we're just going to send her a 1099 to be safe.  

Consider them a high risk applicant and potentially require a co-signer, higher security deposit (if legal in your area), or maybe extra months rent (again if legal where you're located). 

Question: What do you do as a co-host vs a property manager?

It appears that any holding period shorter than 24 months, while not disqualifying the transaction from Section 1031 treatment, will make the transaction suspect in the eyes of the IRS.When determining whether a like-kind exchange is feasible, practitioners must differentiate between a partnership interest and an undivided fractional share (which can be exchanged by a co-owner under the Section 1031 rules—see Rev.