Build-4-Rent, like any good strategy, is far more complex and specific in it's CORRECT enactment and execution than how far too many perceive it on the surface. 

My wife and I had a lot of money stolen from us by a so-called property manager in Cleveland (who was later brought to court by the attorney general due to other crimes he committed) and we ended up being able to place the property with Re/Max Haven Realty. 

In the Tahoe area, some HOAs have a high percentage of STRs, making it easier to invest in those complexes.

In Franklinton there are plenty of large projects going on that will bring massive growth to the west side of Columbus, such as the Peninsula Development, which is a multiphase project that will erect a 24 story apartment complex featuring a grocery store, a multi use office space building, and a new hotel featuring a two-story venue.

Without it, there's no guaranteed legal status, which could lead to being forced to leave the U.S. and potentially manage property from abroad—a complex and often costly endeavor.Real Estate Ownership and Rentals as a Non-Resident: If you do decide to purchase property and then move abroad, you can keep it as an investment, but it requires navigating tax regulations specific to non-resident foreign property owners.

For curiosity I asked Co-Pilot about it and got this response:The language in your CC&Rs stating that “no business or bed and breakfast is allowed” can indeed impact the interpretation of short-term rentals, but it may not be as straightforward as it seems.Definition of Business: Courts have often ruled that short-term rentals (like those listed on platforms such as Airbnb) do not necessarily qualify as a “business” in the traditional sense.

The best thing you can do without going to court and in this case 50/50 chance of losing, negotiation them down on their price.

I would get an attorney or agent involved and in reality you should only be dealing with him as he owns the home unless there is a court order elsewhere that gives her some rights tothe propertyI think it's possible the final decree of divorce or the property settlement agreement required her to give him a deed in return for him paying her equity. 

Since this is our first property, is it advisable to use a single LLC for both personal asset protection and holding the property, or are there reasons to consider a more complex structure?"

This is gonna be a learning experience due to dealing with environmental court.