Send me a PM - our business specializes in designing flips and STRs across the US!

It's too much like the hospitality business rather than a rental. 

We know that investing in real estate means building a business that incorporates the right investment strategy, tax & legal plan, financing, retirement planning, insurance & estate planning. 

You might even want to setup a C-Corp (for tax and liability reasons as well) to manage the business with the guests and pay rent to your LLC. 

What's a good IRR for this multi unit retail business?

Just a cost of doing business.

Thank you Each state’s laws vary, but many/most will require a foreign corporate entity to register in that state before it can do business, and holding property title is a business.

How many small banks and businesses went bankrupt and closed?

Looking to connect with other working parents who started this business adventure in their early 40's and made it work!

Once you hit a certain number of loans (check with your state dept of banking and finance or dept of business regulation), they might require you to have a license.