Second, when doing flips you'll typically put each property in its own LLC.If you plan to scale rentals, you can have a Management LLC that acts as a PMC collecting rents and paying expenses via its bank accounts.

And a washer & dryer are critical for those of us traveling away from home for more than a few days.One of the things I love about our small 2-person Airbnb is that I never have to worry about big, illegal, violent drug parties or families having a field day jumping up and down on our beds.If single people or couples are likely to be visiting Branson, they make awesome guests. 

So you'll need to look closely at that to accurately determine your new basis.Work with a good tax accountant on this.   

If you have an HOA that has 3 or 6 month minimums I believe this could be a viable route but a 30-40% lease up fee for a single month alone would likely devastate the profit margin. 

When it comes to your LLC I believe that you should be able to capture the depreciation from those properties against your other ones assuming you are a qualified real estate professional as long as you are a single owner of the LLC.

So either 1- we find a new Accounting firm or 2- don't do the study Anyone have experience with this specifically for SFR and for an STR 

DM me and I will send you contacts for; attorneys, lenders, and accountants they have previously used.

What I can tell you is I am buying some multi family and single family homes in Chicago, but the industrial market is so strong here there are absolutely no regrets in going into industrial vs. multifamily (and I looked at both).

Imagine if you had one single-family home.

New York has outstanding judgment collection laws that allow for levies on accounts and payDaniels, Norelli, Scully & Cecere are excellent