(If there is a PM, who will manage the PM and the oversight).Who will take care of the partnership return or forward the tax information if its a tenants in common property.Best of luck

Utilities, including common area will also be different.

The mechanism would allow the property to be re-deeded to all of the LPs as tenants in common. 

As remote work is more and more common, many professionals look for a home there.

I don’t know how common vacancies are but I would say I could cover about 4-6 month in case of an emergency  

The only exception I use is when the property is a high-end unit.Informative title makes your property look like a cheap business but it is still way better than common titles like cute, adorable, cozy.If you are charging over 1k per night, I think it is better to give more high-end title like Stay with 30,000 trees, tingle your inner artist with lake front retreatJust my opinion :)

The most common asset type was commercial multis 7-10 units. 

That means having procedure and protocol for every situation--or at least, every common situation. 

@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut

Avoid common pitfalls like underestimating costs or tenant management challenges by planning conservatively and staying proactive.