I also look in the newspaper and craigslist for basic for rent ads that provide landline phone numbers.Facechat, instabook and the others mean nada to these folks.

Thank you all for the valuable information provided.

@J Shoe I will start by saying consult with a personal attorney and CPA (and have them work together.)Typically people buy in an LLC just to keep their name off the record and for asset protection and operation agreements.As a sole investor a lot of people will buy in their personal name so they can more easily obtain quality financing, and then move the asset into the LLC.A lot of people of California use trusts (DSTs) to hold the asset, so they are not contributing to the problem of over taxation in CA, as CA has a franchise filing fee of $800 every year for each LLC.Just some things to think about, but find the professionals that can tailor a system for you personally.Cheers

Your responsibility ends with providing a clean and safe place to live.

Uendy - Thanks for providing some details and information!

Could you provide granularity on costs segregated and potential assets?  

Love the STR arena of investing and providing a place where guests want to pay you their hard-earned money to stay at your place.

Proper, Cbiz and Foremost are the big 3 STR insurance providers.

Of course, this assumes you're keeping track of everything religiously, as it would be hard to reconcile such records and ensure completeness.Otherwise, look into hiring a bookkeeper/accountant/CPA who can provide this as a service for you and can help advise you proactively, so you can prevent issues rather than remedying them after the fact.

Can't really provide a lot of insight as I'm also in the exploratory phase, but would love to connect further if you have interest!