Would anyone be willing to share their multi member operating agreement or their LLC partnership structure for their STR investments?

First post here, but I wanted to share my experience with my first investment property/house hack.

We share two properties daily with all of our subscribers.

They haven't missed any payments last three months and requested to add additional roomates so that they can be on top of their paymentsI personally think 7 roomates in a 3bed 1ba is little too much for the apartment that also has a shared laundry with another apartment,not to forget the wear and tear with so many people.Should I continue with them if they are keeping the place generally in condition or ask them to find another place within next couple couple of months or so.Interested to hear thoughts from other experienced members here.Appreciate your inputs.Thanks

I'm writing this as I'm on my flight home from the Phoenix retreat, which was my third one, & have to share!

Happy to share my experiences.

I've somewhat committed to the idea of 3 drawer chests in place of nightstands on each side of the bed, but even those are not cheap and don't save you that much compared to 2 nightstands plus a shared dresser per room.

You gave me a lot of info that I appreciate you sharing.

This is based on your numbers and I don't share your optimism that a 1/2/3 12 unit mix will bring in $12,000 per month there.Try to find a local partner with experience doing the building.

Structure:  Manager receives syndication *ownership* shares via sweat equity and all the investors obtain shares by purchase.