I've decided to reopen the thread as I think it is an important subject of debate.

Still debating on making this a STR as it would double the income, just need to look into it more.

We are debating this question.  

Friendly debate :) .

Hi All,I am currently having a debate with my partner regarding cash on cash targets.

From an article posted today:New Orleans’ hotly contested short-term rental (STR) debate will lead to a vote Thursday, Aug. 8 as the New Orleans City Council is scheduled to consider two ordinances that would change how STRs can operate in the city.The ordinances up for final approval include one by Councilwoman Kristin Gisleson Palmer that would create two categories of STRs — residential and commercial — by making changes to the city’s zoning ordinance.The second, by Palmer, City Council President Helena Moreno and Councilman Jay Banks would set rules for owner and operator permits and fees, as well as fines and penalties for noncompliance.

I am still debating if this is a good decision or not.

this is a big debate, I think llc is best.

I understand what you are saying, there is a lot of debate about 50/50 JV but honestly I think it is really what allowed US ( and our specific situation) to get into the game.

My wife and I have been debating on buying an STR in Palm Springs, CA.