I bet it's pretty busy in the summer during track season.

Its near Duke university, so I think there will be some seasonal medical workforce movement, grad school students, etc., so it could line up well for mid-term furnished rental. 

I plan to be out within 3-6 months, depending on the bank's seasoning policy and appraisals. 

When I get some numbers together, I'll take you up on a seasoned opinion.

About 30% goes to mortgages and 55% goes to maintenance, taxes, utilities (several of my units come with utils which I pay), water, seasonal maintenance, And insurance.As a full time landlord, this bill would not only take away ALL my income, but would leave 55% of my bills remaining.This will be economically devastating to me and many like me.It unconscionable that government would foist responsibility for social services on landlords.

You’ll probably get stuck with going through the seasoning of 6 months or longer depending on the lender.  

What course of action would seasoned investors take in this scenario?

Hello Clay, if you want to get a loan on the secondary market there is a 6 month seasoning period unless you do a delayed financing exception which I will not get into here.

In that case the differences between evicting a tenant in a furnished STR with all utilities paid and far greater more variable/seasonable income streams is (IMHO) a far worse situation than a traditional LTR (where you’re at least mitigating some risk via expectations of standard background, credit, and past landlord, etc checks. 

Our tourist season is short and heavily dependent on Yellowstone National Park.