After the initial inspection we sent a response to the inspection asking for $21,500 in seller credits to cover the roof and furnace (both needed replaced). 

I can't edit my response or I would.I did compliment you though:)

I have found them to be very responsive to my questions. 

That being said, I asked an attorney who I’m an acquaintance of about this very thing, just for my own curiosity, and his response was get the LLC in whatever state the property is in.

Thank you very much for the response, I really appreciate it.

They don't communicate well, don't take responsibility for their actions, do not clean or maintain homes well, and will shaft you when it's time to leave.Other than that, it's a pretty good system.

Just make sure you draft an operating agreement that outlines responsibilities and expectations.For financing, and if you choose to go through an LLC, DSCR loans will be a great tool.

Position these as limited-time deals to attract budget-conscious travelers.Be Responsive and Personable: Guests often book based on their interaction with a host.

Your ability to identify properties and markets where you can generate equity (both imputed and appreciated) while using debt responsibly and knowing when is most appropriate to sell is how you acquire more real estate. 

Appreciate the response and useful information!