What we have found is that large occupancy events are typically planned months in advance.  

Typically in expensive markets house hacking is favorable off the bat, cheaper markets you can rent and buy an investment property 

Not only are Queens and Brooklyn the busiest Counties in terms of activity (new listings), but they also have some of the most competitive investors in our market.Properties are selling for 8.5% more than they were in 2023, showing us just how desirable the borough is.With its proximity to NYC, numerous public transportation options, and overall vibe and attraction, it is no wonder why the popularity has been reflected in the buy-and-hold rental market.

Hi - sharing an article published here on BiggerPockets last year on this exact topic - all the financing options for Short Term Rentals!

Like if they were required to pay 90% of their appraised value to purchase the property at the seller’s option?

Congratulations on starting your journey as a real estate investor and looking into other markets to see your options!

I am open to all options. 

Since your family member is paying the PITI, there could be questions about whether these payments constitute rental income or gifts.If you're the legal owner, proceeds from the sale would typically go to you.

But really, you need to talk to attorneys, brokers, potential investors (typically will be friends and family to start), lenders to get real world feedback on what you need to do.

@Fabian Escobar we typically advise clients to create a separate LLC (holding no assets) to act as management company for purposes of creating privity between that entity and the series LLC (which will hold the assets).