Since you’re planning a mix of long-term and short-term rentals, keeping detailed records and setting up a solid system for managing finances early on will be key.

Local banks typically offer lower interest rates but might require a solid track record and detailed financials.

Details here- https://www.biggerpockets.com/renewsblog/2014/01/04/leveraging-really-risky/. 

 @Raif Jochim without knowing details of each loan, I would almost always choose the primary home.

My CPA provides his clients with a spreadsheet that includes tabs, detailed instructions, and videos on how to use it.

The operating agreement should further expound upon the relationship details between Monday and RSN.  

You can carve into the details a bit more with a specific broker and products.

Many details could affect whether you are entitled to this money back or not.

@Andrew HolmesThank you for such detailed answer there.

Knowledge is power:Thorough Inspections: Minimize surprises with detailed inspections and due diligence.Strong Screening: Careful tenant selection reduces vacancy and headaches.Diversification: Spread your investments across different locations and property types to mitigate risk.Financial Planning: Maintain a buffer and choose financing options that fit your long-term goals.