I HIGHLY suggest you connect with a local expert such as @Josh Green.

That ship has sailed and it was never at the discount you're suggesting. 

I would suggest giving it up and just hire an agent when you are ready to transact in the future.

So I would suggest keeping your STR property geographically close and doing as much as possible to keep your profit% high as possible.As far as the actual house you use, I would just say - be honest, be fair and strive for the best area, most amenities, cleanest house, best communication, and any other extras you can get.

Starting with the Right PropertyGiven that this is your first STR and you’re planning to manage remotely, I’d suggest focusing on a market with a strong local infrastructure for short-term rentals—like Panama City Beach or Destin.

Any suggestions?

Do you suggest file 1065 or be treated as disregarded entity on schedule E. 

As @Brett Synicky suggested, keep it simple, as a sole proprietorship.You are also not considering that you will have to pay $800 per year and per LLC to your greedy state.In short, get some professional advice instead of TikTok advice.

My suggestion would be to buy a place to be a mid term rental and experiment with short term during the vacancy gaps. 

Looking for thoughts and suggestions on how to utilize these new funds for real estate investing.