Also what downsides can you share that you have had working with a management company vs self managing.

(or have they already) Oh by the way, there is a Presidential Election 🤦….Regardless, we all can make moves to protect our downside.

Kyle Ransom There is upside and downside, to having a Multifamily Property offering strictly Airbnb Rentals.

I can buy UNLIMITED number of properties.The downside of the above process is I am ALWAYS looking for private money.

A possible downsides(other than higher int rates) is that there may be an early pay-off fee.

What is the downside ?

That puts you in control of screening the tenants, setting market rent, and having a good rental agreement.The downside to buying a multifamily unit where the units are vacant at closing is that you don't have immediate cash flow. 

The major downside is that the guests don't have a way to directly reach us, unless we directly reach out to them first.

Any advice would be appreciated and  I thank you in advance.If you are paying cash I'd go LLC as there is essentially no downside to going LLC as opposed to your personal name. 

2) This debt structure offers none of the upside of the equity structure, but SECURES your downside considerably!