I do very well with the Airbnb income and do not want to turn it into a long-term rental.

Hello Alvaro- I sent you a connection request detailing some helpful info!

I am managing these myself in the short term to learn process(es) 1st hand, to ensure wants vs. needs in a PM to temper my expectations when I do eventually turnover to a professional PM.  

Do you have the property under an executed contract or is this just a verbal terms from the seller?

Beside the “subject to” that’s recently become the subject of much debate we utilized  ”no interest short term owner financing”, the “2nd mortgage crank”, substitution of collateral, mortgage subordination, wrap loans, real estate “exchange” (not for tax reasons), sale - lease back, guaranteed rent payments, sale - buy back, land offered in lieu of down payment, zero coupon bonds as substitution of collateral, and a few others that escape my memory.  

All of our assets have significant cashflow, large built in capital gains, great LTV position, Loans are at 7 year, 10 year and 20 year balloon terms.  

You can still get cash flow here and you can do all 3 major strategies (short, medium, long term rentals) as well as BRRRR's and flips. 

I have one like this and we furnished it and turned it into a mid term rental.

This was in 2019 when I was funded so the terms were much more favorable than they are now.

However, there is a tax deferral strategy that could accelerate your depreciation, keeping more money in your pocket today, known as cost segregation.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.