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.

Have you considered possibly just having her be a co-signer and not a co-borrower?

But a Co-living place like this with full kitchen, game room, Living room and more would go at a much higher rate.

I live in the DC area and I currently own shares in a co-op and am looking to purchase my first out-of-state property, likely in the Birmingham, Al or Cleveland, OH areas.