They simply did not desire to spend more time than it was worth to recover the money from Airbnb.

If you expand your rental business in the future, an LLC may be worth considering, but for now, keeping good records and securing appropriate insurance should provide adequate protectionThis post does not create a CPA-Client relationship.

Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).

My biggest concern looking at their website is that their example results on their website show properties from Kansas City, Forth Worth, and Austin with purchase prices of 236k-411k. 

Without knowing all of your specifics, I'd say that it's only worth holding on to if you can reasonably expect to have some really good appreciation in the near future (like 5 yrs)....Or, in the case where it would run well as a vacation rental, you could switch the usage, maybe?

I’ve been there done that, it’s not worth it.

It is worth paying more upfront if it takes less time on site to put together.

Help me see if this is "worth it" or not.  

On the anonymity side, it’s worth noting that the cells of a TN Series LLC are not recorded with the Secretary of State.

I'm considering buying a small single family home near a hospital in the Midwest to turn into a MTR, and trying to decide if it's worth the investment to furnish vs. going straight to LTR.