Doing it myself took to long and holding costs/time probably cost me more. 2.

Sure you have some people who have limited ability to move up the economic ladder because they have intellectual or mental health issues but I just don't get long term section 8 for as many people as there are on it.

If some of your stays are booked outside AirBnB, it's ok, as long as you can prove that they did happen. 

Now, that might be moot as they can always dissolve the entity and distribute the property in the year they inherit this, but it will be imperative for the beneficiaries to understand THEY NEED TO DO SOMETHING, or else you’re simply giving them the same problem if they do nothing.To reinforce @Jason Watson’s comment: corporations are downright unpleasant for appreciating long-term assets.  

My company signs long term leases with investors to lock in great returns with them.

I know this is a long term strategy. 

Tons of benefits with that, much less headache and shouldn't need maintenance for a long time. 

I am new to the industry but am focused on long term goals and wanting to build a team of reputable individuals where we can all bring each other value and make some great money together. 

This way, you can immediately rent the basement, whether STR, MTR, or long term and use that rental income to update the rest of the home, one room at a time, to increase its value.

You won’t end up in tax court but if you do, you would win based on everything you cited about material participation as long as you have a time and activity log that shows your tasks and provide a guest list that shows the number of nights your guests stay (easily found on the various platforms).