Do some research among other active hosts in your area and see what they think about your house as short term or moderate term, e.g. corporate rental or travel nurses.  

Brew City REI is having a June Meetup CYA, cover your assets, trusts, wills, corporate structuring.

Can I create an LLC, partnership, corporation or some legal entity to buy the property as an investment property? 

Similar to corporations getting better healthcare rates than small business due to the larger number of employees.

The vast majority of MF inventory here is large apts managed by giant corporations.

You can’t change an LLC to an S Corp. you can make an election to be taxed as a C Corp, S Corp or partnership but you can’t change it.You can file a new Corp and transfer the property. 

@Aaron MoayedIf you are investing in your own name, you will not have an entity with a California nexus.You could also explore non-corporate entities such as land trusts to create an enhanced liability layer around an out-of-state property but still stay away from any California nexus.

The DST is viewed as an estate planning tool, and therefore exempt from the far-reaching corporate tax laws set forth by California’s FTB.

Why are you targeting corporate housing in tourist areas?  

American Financing has what that call a all in one loan.