Currently looking at a couple properties with an ADU in hopes to rent out the main house long term and use the ADU as a midterm rental.

Thank you for your help… Clarification: Current LA City STR Ordinance does not allow RSO units to be used as short term rental thus does not renew your host registration for airbnb or other STR platforms.

My wife and I purchased a primary home about 1.5 hours from Los Angeles, CA and are looking to give short term rentals a try. 

People very rarely regret holding long term.

The structure of investments is designed to maintain the interests of the sponsor and their investors in alignment.Tax EfficiencyMost funds are structured to last longer than one year, meaning they will be taxed as long-term capital gains instead of short-term.

They can estimate any taxes assessed before making long term decisions.

Jerry, multi-families small balance loans mainly and financing that makes sense below 7% with longer terms as we buy and hold. 

Matt, first thing to make sure is that when you are using a HELOC it is for a short-term loan.

Plan is hold long term.

While the closing costs may be higher than a HELOC, the long-term interest savings might outweigh this initial expense depedning on the property value, LTV, credit, etc.