This is an area of a lot of ex-pats and longtime vacation takers, or people that have rentals there.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

The demand for homes with a bit of land and a shop is high where I live, leading to a larger buyer pool and quicker sales.

It’s crucial to have a solid agreement to mitigate these risks.The Ugly: Without clear agreements, co-ownership can lead to legal battles, credit issues, and potential loss of property.By carefully planning and seeking professional advice, you can navigate this situation effectively and find a solution that works for you and your family. 

This is far from impossible and many people have a lot of success managing their own STR, but it sounds more involved than what you're looking for.

That's how people get over-leveraged and into trouble.If you want to invest, do it the old-fashioned way: increase earnings, reduce expenses, save, then invest.

How many will you sleep (more people a little more in monthly utilities).

The concerned neighbor requested us to do something to put an end to the endless stream of unsavory people coming and going from that rental, with the main tenant in the middle of all of it.

People who are really good at SEO get paid way more than $3-5 per hour.