Since you are doing new construction I would suggest making them private enough where guest have minimal interaction with each other.

Before it was primarily retirees who were really looking for the social interaction with owners and other guests. 

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

I would reach out to @Dave Foster to confirm.  

Quote from @Sergio P Ramos: Quote from @Jay Hinrichs: Quote from @Sergio P Ramos: Update:I've been really busy since my last interaction.

., managing bookings or tenant interactions), which could subject it to self-employment tax.This post does not create a CPA-Client relationship.

I'm not sure why not - one of the great parts about real estate investing is that you can build a team around you for aspects you aren't as strong at or simply want to delegate to someone/expert and do the others yourself - look up "Core 4" for example - where you can have an agent, lender, manager, contractor all at once for your investments and can theoretically just let them do all the interactive work

@Emily Gowen so as you pointed out you would not have to do a 1031 exchange on your current home to avoid the capital gains tax and coupled with what Dave Foster pointed out I think, speaking from experience you would have a high likelihood of success. 

Often times police departments have policies in place REQUIRING officers to activate body cameras when interacting with the public.

I recall looking up their LLC in Florida, even though some documents mentioned California.If you’ve had any interactions with these people, please reply below and let us know your experience.