Analyzing the financial viability of Medium Term Rentals (MTR) versus Long Term Rentals (LTR), especially in light of the potential higher returns of MTR despite its more hands-on management and operational costs, is crucial.

Haven't heard of this particular operation, but from my experience, you will most likely  be overpaying for cash flow that wont be anything near whats promised, and with no clear exit strategy available at the end.

We operate 3 airbnb spaces in our home and only use the Airbnb platform.

Rehab choices is where a lot of operators lose their cash flow margins.Choose your finishes to optimize for cash flow.

Since there is no existing mortgage, it doesn't apply in the typical sense. 

Anything 5+ units is valued on the NOI and cap rate (typically), so it would apply if you turned the property into five units with two beds each.

Hey Richard, We operate a few small business in the Real Estate Investing space hear in columbus from Acquisitions and General Contracting through to the sales department and Custom Construction.

You could use the operating agreement to take control of the LLC and therefore the property.

I say "commercial" because after talking with a few credit unions I don't fit the typical HELOC qualifications and they referred me out to their commercial departments.

Typically someone, usually an engineer would have to stamp the plat map with the proposed division in order for it to be approved.