I've seen professional property managers get stuck with a tenant that hasn't paid rent or allowed an inspection in three years.

Good luck with your house hacking journey!

You will need to disburse funds annually to each property LLC - but if they are all single-member LLCs this may not be required and only the PM LLC will need a bank account, etc.This is not legal or tax advice, so be sure to check with tax attorney and/or tax professional.

If you're just looking for general guidance around a successful STR journey, I have some friends with deep insights into everything from REI tax strategy to marketing and creative financing.

Welcome again and good luck with your journey! 

Make sure everyone is at least 20% members but that will create the umbrella necessary to get everyone “credit” on paper and allow them to start their investment journey. 

Good luck with your REI journey, can't wait to hear about your first deal!

We closed on a beautiful turnkey home Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Blue collar professionals such as technicians, superintendents on construction and public works projects etc.

The reality is, you won't know this for sure until you can get professionals up there to inspect.