It's typically not a good thing for a lender to have a loan that is only getting a 6-8% return, sitting on their balance sheet.

I'm sure there are tons of options to choose from. 

Thanks,Miguel SuarezThere are good options across the US.

I would recommend making sure that you understand your financing options as well.

Again, not always, but in my experiences, this has been pretty typical.  

These sellers typically want a fast sale to move on with their lives and avoid ongoing conflicts.Relocating SellersPeople who need to relocate for a new job, military deployment, or other personal reasons often seek a quick sale to avoid the burden of managing a long-distance property.Inherited PropertiesHeirs who inherit a property they don't want to maintain or manage may be eager to sell quickly.

At that moment we started to rent, we thought that's the best option for us. 

Hello any major difference between guesty, Lodgify and hospitable(once they have their direct booking option)?

You can decide how to split it, typically 50/50 for you guys.

@Mark C.You are going to create a tax and accounting nightmareYou will pay taxes in each state you own property (typically) aThus each LLC will need to file in that state then you roll up to you which just adds more expense to your tax returnsYou will end up spending thousands of dollars per year to get taxes done which will eat any cash flow from making it so complexKeep it simple