Corporate leases typically provide stable, longer-term tenants, while Airbnb can yield higher nightly rates but may involve more management and turnover.

Add the monthly cost of keeping the website fresh and updated for SEO, adding new content to keep prospects coming back, and when volume warrants paying people to answer live calls and filter through the calls.  

I've helped quite a few people house hack in this area so if you have any specific questions about areas, rents, appreciation, and such just reach out anytime and I'll be glad to help!

Do you have a bookkeeper or someone helping you prepare taxes or are you managing the finances all on your own? 

I will also be creating a property management company (based in NJ as well) to manage the LLC's property.  

But I don't think the borrower for the loan would change, so that means each month, my tenant would pay rent to ABC LLC account under my property manager, and my property manager would distribute the funds to my sole prop business account, and my sole prop business account would pay the mortgage.Will the tenant have a case to argue that I am commingled with my LLC?

This is not an arbitrage or management model.

Hey Ted, I use Hemlane for managing my properties .

Many other people looked at it and passed on it, which caused the lender to keep lowering their asking price, and even then we didn't offer asking price and started even lower than the price they finally accepted. 

I really do think that good screening and honest / fair treatment of tenants regulates a lot of the issues that people seem to have down the road.