@Ignatius Okeke how much research have you done on this market, versus just relying on what others tell you?

Those agents are looking for a relationship versus a quick sale.

Real estate investors are attracted to medium-term rentals to gain the benefits of extra cash flow versus long-term rentals while avoiding regulatory risks, high turnover, and intensive management of short-term rentals.While many investors are now turning to medium-term rentals to build their portfolios, the lending world has unfortunately been a little slow to keep up.

When i asked about the property concentration in Fund 3 versus the other two funds they mentioned that it was due to the low market supply for what they were looking for. 

As someone that grew up in NH, knows every corner of the state, has managed both LTRs and STRs across New England, and spent as much time as I can learning from others in different regions across the BP STR forums for years now I would honestly not recommend anyone invest in New England versus areas with far longer rental seasons.  

This representation is crucial if you're ever audited.Regarding whether to hire a CPA versus just a tax preparer: Real estate tax is highly specialized, with numerous code sections and rules specific to the field.

Then decide in your spending versus objectives.LongtermBillboardsVehicle advertisingBus benches or bus advertisingEtcShort term.Yard signsGoogle adsFacebookPostcardsEtc.

I have a similar setup, but not for real estate, so it might not be 100% relevant.1) My partner and I set up a Partnership (ill tell you why next).  2) Then each of us set up S-Corporations, which is also owned by our wive's (could be owned by a trust for further protection, but I haven't).The reason we did a Partnership is for two reasons 1) You don't have to abide by the ownership % for your distributions (mostly), and 2) it can be owned by another corporation (S-corp can't).Again, this isn't for real estate, and could change because it's passive versus active income, but with our personal S-Corps, we can set up different strategies that i won't get into here.Feel free to reach out and I can introduce you to him.  

When house hacking, you need to allocate expenses and income based on the portion of your home used for rental purposes versus personal use.

Then of course look up the actual laws as shown above versus just going off others' interpretation.