Sure a faster rate drop could happen, but if it were to, that would likely mean we are in a recession, and you may have other issues then.

I haven't had vacancy issue so far for the 3 months since STR to MTR, but I'll be entering slower months (is there slow months for MTR?)

It wasnt and that's often the issue.

Yes, there will be limitations of a TN financial institution as I live in CA, and I have read articles about potential tax and filling season issues if you bank outside the state where the business is registered. 

@Seana Yates FYI, these issues/conditions should be covered in the Operating Agreement of the partnership. 

So far the issue is no PM wants to actually handle leasing the property with the option.

I thought in some instances married owners were treated as one, so I'm not sure.I think the issue is how is the NC taxation filed. 

I was born and raised in San Francisco and ran into the same issues finding properties in 2021.

The biggest issue i found with trying to use the BP calculators for assets other than residential is the debt. 

Also, if the tenants pet is an issue for you keep in mind you’ll be receiving a security deposit from ALE so the damages will be covered