Sorry again.As i said before, and I truly meant, start by checking into the regulations and laws for your market of activity. 

You should remember that our industry is heavily regulated and, besides, you will be protected by your credit card company if you thought the offer we are giving you was not what it is.”     

There's not any (to my knowledge) Jacksonville wide STR regulations.  

There's also growing regulation risk for the investor, thanks to the hospitality lobby convincing local Karens and pearl clutching city officials that short term rentals are nothing but drunk college kids and constant crime. 

Ok you should know that when forming a deal like this you need see which regulation will affect your partnership. 

I had 2 STRs during Covid and they were both slammed with people wanting to get out of the big cities with the hordes of people, and away from all the mask regulations, restaurant closures and all that.

Depending on your team, I've seen the ALTA provider also offer that, you can coordinate with your architects, or you can work directly with the municipality.It is particularly helpful if you are making renovations or development changes to an existing structure where zoning regulations may have changed from the existing structure to the present alterations.

Additionally, for rate-term refinances, many DSCR lenders have no seasoning requirements at all.Easier qualification: DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loansFlexibility: While conventional and bank lenders are heavily regulated and follow standardized rules, DSCR lenders have much more flexibility and control over their guidelines.

But you will buy a specific property, in a specific location, subject to local rules and regulations.

@Salvatore Spano Yes, some LLCs are exempt from submitting Beneficial Ownership Information (BOI), such as large operating companies with over 20 employees and $5 million in gross receipts and certain regulated entities like banks or insurance companies.