Or is there a regulation that you can only STR (less than 30 days?)

Today was a month since notice so i called local court and figured out paperwork to file. while looking through bank statements i realized that he has been zelling me random amounts for rent since august and i learned today that if he makes even a dollar payment it voids the eviction process because i "accepted partial payment" according to some regulations in arizona.

Tax benefits and local regulations may affect these investments.

HOA's can be a negative so be sure to check the HOA regulations to see if they have any rules around 30+ day stays.

Add to that insurance costs, etc. and it's not looking good.However; what Trump can do that will help is to cut out some of the environmental regulations, etc. that drive the costs of development up. 

Did they follow the Treasury Regulations above, IRC 469 and IRC 1402? 

They can get you pointed in the right direction as far as business licensing, insurance, drug testing, rules and regulations, etc.

Hi Tiffany,Does the HOA regulations permit padsplit operations?

To succeed in Cleveland's short-term rental market, research local regulations, analyze potential locations, find ideal properties, build a network, plan renovations, stay connected with BiggerPockets, focus on modern bathrooms, cozy outdoor spaces, and practical amenities.Good luck!

Private placements are inherently risky by that very fact - they are not regulated or audited  to the degree that a publicly traded company is.