In this case, the second bedroom isn't necessary, but does get used as an office for the person working from home.

I know that much of it is based on personal risk tolerance but any advice would be greatly appreciated. 

So now it hits a rich and famous person.

Salt Lake (also Zions) Navy Federal 80% LTV LONG draw period of 20 years, and 20 year repaymentNevada State Bank, in first positionNorway Savings Bank, MaineOmaha MortgageOne Nevada Credit UnionOregonians CU - ORPenFed - StoppedPeoples Bank of NCPioneer Bank, MNPNC Bank on primary and secondary (2nd homes) must be in personal name and 50% DTI is required.PSECU up to 80% Quorum Federal Credit Union 80% LTV, owned by LLC is OK.

The drop leaf table folds up for a third person or move it out for a 4th.

Personally I would sell and take your losses and look to invest elsewhere.

I haven't used Investor Carrot personally and know many people are happy with it.

I've also filed my personal 2023 tax returns and have those available with the STR income included.

Better pricing if they also insured your personal home.

I was wondering what everyone's experience with establishing a legal entity for REI has been like, and when do you recommend a person to do so?