It makes it easier to track what our operating capitol is.Good luck

If anyone is willing to pay it forward and point me in the direction of an expert who would be able to guide me through creative options for company structure, ownership, operating agreement, etc. based on our specific circumstances, I would be most grateful and delighted to return the favor in the future. :-)

True- definitely  hot however it comes with its own challenges.. there are entire threads on BP with investment in poconos.. regulations, lack of good quality and timely labor , make it a nightmare to operate at times..Originally posted by @William Beck:@Curt S.

It also comes with a different set of requirements; it's more like operating a hotel than a rental property. 

Calculation: Net Operating Income / Total Debt Service = DSCR.

The economy grows,  prices rise, investment money flows in, people move here, people start and operate successful businesses here.

You can also discuss properties for sale with the PM you plan to use and get up to speed on expenses and operating issues you need to be aware of.Bottom line you ned to become an expert. 

I have been in the background for a couple years, however working my own job and not seriously involved in ANY of the operation of the properties.

That being said, finding the 4 Core (Deal Finder, Property Manager, Contractor, and Lender) is imperative.

You can operate under your name or form a separate LLC/CORP strictly for the STR (do an S corp Election ie: consult with your CPA/attorney) See which avenue suits your need and please get STR insurance endorsements.