Our group doesn't want to create a huge number of vacancies, so some of the NOI is being trimmed in the short term.

If the seller is open to seller financing, I was thinking of putting in a full price offer with 10% down and maybe terms of 30 years with 4% interest rate.  

I'm particularly passionate about Long term rentals but want to explore other aspects as I learn.Outside of real estate, I am a tech nerd and history nerd.Excited to learn and connect with you all!

Staggered refinancing, rather than refinancing all at once, allows you to take advantage of favorable terms as they become available.

Not sure what your short term rental regulations are for your area, but if HOA allows, airbnb could be a great way to acquire short-term, mid-term, or long-term roommates.  

Does he want to own and hold this property though?

Or does the WY statutory trust hold the property as it is?  

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Newbie here - 2 weeks into my first property, I plan to house hack short-term rental (live in basement, rent main house) in Nashville.

Attorney tells me we are still waiting on abstracts, surveys, etc. and that is what is holding these deals up??