It almost seems like it defeats the purpose of investing in the first place.If you're trying to do this as a gift you may run into the issue of a bargain sale.Also, depending on your situation and further details could change the answer.Would love for any of the professionals to let me know if they agree or disagree!

It would provide them with a huge number of unique rentals right off the bat.Of course it would have to work for us financially and I suspect they would want some kind of continuity between rentals (which might defeat the purpose of unique).What also would be interesting is if local governments allowed this type of STR run by Marriott in the same space that they have banned others in.

Won't that defeat the purpose of being able to travel and pay less than hotel fees?

- but this will mean that we will have a mortgage on the LTV on the properties and defeating the purpose- right?

You would have to pay franchise and excise tax as an LLC unless you waive your liability shield and become an Obligated Member Entity (OME) which defeats the purpose.What is your goal, to protect your personal assets?  

I am also reading Brandon Turner's book on low and no money down investing and I'd like to avoid using hard money or an FHA loan (which would defeat the purpose of BRRRR investing) and only use the cash I currently have.

A metal bolt defeats a box cutter.

While many investors facing a defeat will throw up their hands in despair, the best ones will take the setback in stride and press on.

Wouldn't this defeat the protection purpose of the LLC that I seem to read about everywhere?

After 27 years in this business, I would highly recommend the book "Defeat Mega Agents" by Ryan Fletcher.