I think Business & Professions Code gives three days to deposit funds received by a broker belonging to another into the trust account.

Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.

It will be fun, we'll have drinks and meet at a local vacation rental-this is a great way to learn more if you are interested in this type of investment.  

Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.

For the income to switch to Sch C reporting, you also need to offer services similar to that which a hotel might offer such as daily housekeeping, food/drink, and potentially various other amenities depending on how you'd like to qualify.What you describe is simply changing property managers, it doesn't really matter whose name is on the AirBNB listing.

There should be long-term solutions/financing for this property.

Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.

Storage occupancy rates during past recessions has remained relatively stableFor example, during a recession, when folks downsize from a 3 bed/1 bath to a 2 bed/1 bath, those people, historically, keep their belongings and put them in storage.Also, during inflationary times, self-storage operators can better manage rates because most leases are month-to-month.

You didn’t mention vacation areas like Tahoe, Smokies, Outer Banks, Myrtle Beach, etc where STR has been legal & welcomed for 100 years & should continue to be long into the future

So they stop looking at us like we have 2 heads or “shudnt we still belong in the kitchen?”