Then if they are done by that deadline, I offer a bonus.

The company I currently use for my other investment homes said they don't offer management for any co living... unless everyone in the home is on one lease.

Financing and Complexity: An LLC can make financing more challenging and expensive since banks often offer better terms on personal loans for real estate than LLC-held properties.

One huge benefit of a private/HML loan is the strength of making an offer when competing with cash buyers.

I see this home and what you paid and while it's not at all a bad price, I've seen investors offering that size in Palm Bay for as much as $15-25k lower.

Instead of jumping into an expensive Long Island market with negative cash flow, consider investing in a Texas market like San Antonio, Houston, or DFW suburbs—these areas offer strong rental demand, lower property taxes than NY, and better cash flow potential.

It will depend alot on the number of beds offered and the size of the home overall; do you have enough indoor and outdoor seating for 9 guests?  

We are out of state but would be open to working with someone local if they can offer favorable terms.2) Any local realtors you have worked with and been happy with?

Perhaps seek out and audit GPs and their private offerings and invest with them as an LP.

But, it may not offer the ROI as other locales, and it may not be "fun" like buying in a favorite vacation spot.2 - The highest ROI folks - Self explanatory, will go where ROI is high and/or regulation low.3 - The second home/retirement minded - These people are looking for minimal ROI but want the house in a specific location because they like to use the property and want it to pay for itself.