There's no clear-cut answer IMO, it's a personal decision.  

Second- these developments where the same person develops, builds, and then requires you to use them for management- they always suck.

I have a personal sign-up link, so if you decide to make the switch, use my link!

. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal:  $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses. 

But now with the joy and headaches of non-metered units, trying to wrangle 3 different set's of persons into playing nice, etc etc.. 

K1s show your share of income or losses from the partnership, and you include it on your respective personal tax returns.Now, to your partners.

If the trust is disregarded and you and your wife file a joint tax return the property is reported on your personal joint return. 

I spoke with the one I suspected forgetting to turn off the stove but the person did not confirm.

I can provide support of checking in on contractors, staging rental properties, walk potential leads to give you an idea of the property in person or what the area is like, meeting with agents, and drafting scope of work for projects. 

Under any scenario, any state, someone who sits on their rights and lets someone get into the weeds to the benefit of the person who sat on their rights, will NOT have those "rights" enforced by the courts.