Although I'm a lawyer, I'm not your lawyer, so you should seek separate legal advice if you feel you need it.The bottom line is that they are already in business together and should probably stay that way.If they were to split things up, they would have to transfer the property out of the LLC into their own names and that would cause problems and cost a lot of money.Even if they successfully split it up, neither one of them could refinance and it would be difficult to sell the property without the other one agreeing.They should either keep it in the LLC and live with it, or sell it and split the money and go their separate ways.What they are proposing would make things more complicated, not less.

I work full-time, wife is stay-at-home with our 2 boys, but she is very keen to start hustling again, and she'd be great at the AirBnB business.So I'm just airing some thoughts and concerns on how to go about this endeavor the smart way.

For reference, I have spent time as a Property Manager, Realtor, and Construction Manager in my career so I have a fairly high comfort level - don't need a full hand-hold. 

Hey @Mike Chmielewski - This is a bit of a grey area, but realistically, if this is your first home, & within commutable distance to your employer, and you'd like to owner occupy it, that's a really straight forward transaction.People move for legitimate reasons quickly all the time - (Job location change, not comfortable in the area, opportunity to move into a single family, etc.)Happy to chat a bit further about this offline.

So you have two options: Put down $45,000 for the privilege of spending $1,567 a month (base case scenario at $850 rent per unit), living in a worse part of town, and taking on a part time job as a landlord, or stay in your current rental for $1,050 a month.So, the question is, why are you even considering this?

My stay at the current place is nearing its end and I'm unsure if it's smarter to buy another primary residence and house hack or just buy another rental with the cash I have saved up and find something else to rent. 

What is crazy though, is I am able to keep 85% occupancy through the year and most guests stay 2-3 months so only 5-7 turnovers a year.

This scales your investing.Forces you to network and depend on a team leading to relationships = more businessForces you to develop communication and business systems to stay on trackConsNot as easy to physically be on site if neededReally it comes down to how you want to invest.

About two hours from Cambutal are Chitre and Las Tablas, the two closest major towns to get most modern comforts (McDonalds, big grocery stores, health food stores, etc).

After being in Cleveland Hts, probably one of our biggest mistakes was staying there so long with both of us driving a lot.