If you want a lower downpayment way of investing without moving into the property, I recommend the BRRRR method. 

Make sure everyone knows a cleaning schedule, expectation for common areas, how are you splitting utilities, guest policy, etc. 

So, some food for thought.Trusts seem to be the preferred method of liability and asset protection among the wealthy.  

I've allowed pets in my STR for five years and haven't had any problems except some extra cleaning a couple times, which was paid for by the guest. 

But, when 1 party has a clean sweep that means a lot of legislation gets passed, and that spokes the markets.  

Could it be a BAD investment strategy AND fraud in the disclosures, method of marketing securities and or providing misleading information?

Often times when a builder/buyer moves too fast, or is too busy and overlooks a key piece of due diligence, the unethical ones will try the "scorched earth" method and blame everyone but themselves, even when they know it was their own mistake, and they'll see if they can scare you, the seller, the title company et al into paying damages/fixing their problem. 

While we didn’t need significant updates, our team focused on cleaning, staging, and marketing to highlight the home's features.

Instead, there should be dollar amounts assigned to specific events, i.e. demolition complete with full haul off, floors broom cleaned, no nails left in studs or subfloors $1,500.Plumbing rough in complete and rough in inspection passed: $4000Final plumbing completed $5000I am clearly making up dollar amounts, but look for these types of bids on large projects.  

My goal is to add verbiage within the lease that will decrease any tiffs between tenants for the common spaces and how to set expectations and promote group effort with cleaning the common areas/shoveling snow/personal dishes/shared fridge/laundry/having guests and so forth.