For the most part, they all can be created and funded next year, with a few exceptions.

In some cases that's amazing -- one part of the town gov't considers it to be a commercial lodging establishment so it's exempt from STR permitting and regulation. 

Since you’re assuming this debt as part of the purchase, understanding the exact amount is critical.

Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.

One other question is the financing part, have you talked to lenders on lending on this?

I can only think of 2 times inn the last decade my client has had to go though an eviction and both times it started cause the owner and tenant had personal issues. 

This is a unique home and it actually has a full kitchen, 2 bed and 1 bath downstairs and I think it might be well suited as a very large vacation rental(entire home) or both floors being rented separately at some point in time.  

The outer boroughs—Bronx, parts of Queens, maybe Staten Island—are where people tend to have the most success, usually with multi-families.

You need a repair partner who can get out immediately and has quick access to replacement parts (if not already in stock). 

You are not breaking any agreement if you sell the business, and the Airbnb account is part of the business.