Quote from @Alyssa Magyar: I am in the process of setting up my townhome as a STR and MTR.

Sidenote: I'm mostly targeting "set-aside" bids. 

(Cold call, mail etc)

On our weekly rentals we do not set a mandatory check in/check out day. 

Open houses, Door Knocking, cold calling, etc.

If you aren't familiar with the Orlando area here are a few things to think about.Disney is always a draw both for employees and visitors.Universal's new park is set to open in the summer of 2025, this will not only bring a new flood of tourists to the area but set to bring in 15k-20k new full time jobs.Orlando is currently trying to fix its traffic situation with express lanes being installed between Orlando to Tampa, expanding the International Airport and working on the final leg of the express train system from Orlando to Tampa.

And those good tenants are bound to our lease, in which we set every term.

I wouldn't cheap out on this part and hire an attorney to help set up a bulletproof partnership. 

If you go into a partnership like that (doesn't matter if it's one property or 12) then the entity you set up to own the properties (like a multi-member LLC) is the taxpayer for those properties. 

Putting real estate assets into an LLC or trust are all terms I hear about but am wondering if that would be appropriate and/or necessary in this situation to off set any potential liability?