Quote from @Max Smetiouk: Hello Ryan,I am looking to acquire property and debating between regular LT rental and STR rental.

Folks will generally have a fantastic rental strategy but they don't fit the lense of regular guidelines.

Most would be better off with just a regular landlord insurance policy and an umbrella policy.

The entity doesn't change the nature of the income to you. 

Quote from @Marc Shin: For my STR, should I be using waterproof LVP or regular tiles for the bathroom floors?   

I've seen insurance premiums for flood go up to 5-6k on a regular single family home depending on the area. 

Natural gas connections.

Sometimes large employers will rent furnished apartments for their employees coming to town on a regular basis.Also, if you believe strongly in the appreciation of the house, how bad would the negative cash flow be if you did long term rental? 

CS is just a difference in the timing of when depreciation is recognized (or what is depreciated), it shouldn't change the nature of the investment type (short term vs long term).

The market research and development can be intensive, but there’s growing demand in many areas, especially near popular natural destinations.Best of luck!