Which means I'm evaluating the possible exit strategies for a long-term hold. 

I always recommend starting small—testing with one VA for a month is a smart strategy.

Otherwise, it’s treated as a partnership requiring Form 1065.Get an EIN (Employer Identification Number) from the IRS (free) for tax and banking purposes.Separate personal and business finances by opening an LLC bank account and keeping rental income/expenses distinct.Consider an operating agreement, even if not required by state law, to define ownership and responsibilities.Liability protection: An LLC helps shield personal assets, but you may still need landlord insurance and an umbrella policy to cover lawsuits and unexpected claims.Tax strategy: Rental income typically passes through to your personal return (Schedule E).

@David MartinezA quick search on furnishedfinder.com shows a bunch of available midterm rentals in that area so you can use those to help guide your price and strategy.

Also the strategy you are implementing plays a huge part with how to proceed. 

@Samuel Kim - please contact @Chris K. privately and allow him to show you how you can benefit from this wonderful strategy that he implemented for his many health professional clients.

Their experiences could offer valuable insights and strategies to help you navigate the market.Good luck on your journey! 

Hey all - Stumbled into a new SFR net lease strategy after purchasing my first self-managed SFR in South Florida.

Any strategies beyond this would be appreciated.

Other Strategies: Are there safer or more profitable alternatives I should consider?