Owning property 60+ miles from my house which has coin operated laundry facilities is likely unsustainable :)....

HI IS THERE SUCH A THING AS A WIRELESS BATTERY OPERATED HALWWAY LIIGHT WITH A MOTION SENSOR, THAT IS BRIGHT ENOUGH TO BE ABLE TO SEE AT NIGHT ON STAIRCASE?   

Regardless of the city, if you are operating a STR in a residential-only area (typically called R-1), you are breaking code.  

They allowed me to partner on the property with them and split profits for my work of running and operating the STR listings. https://www.airbnb.com/rooms/5...

Key- this is not a single location operation, thus we have additional cash flow to support our "new" locations.This location we have a mixture of 10x10; 10x15 and 10x20.  230 units in total. 

I would be responsible for the day-to-day operations that can be done remotely (i.e., manage listings, track and manage reservations on different platforms, accounting, optimize pricing, and online customer support).

You can probably also shave off a few bps on your P/M rate or handle it yourself in the short term in order to get the property operating at its full potential first.

LLC) between myself and a partner - what are some key things to incorporate in the operating agreement (not in cookie cutter entity formations)?

FED hikes interest rate3. economy slows down significantly, the unemployment rate spikes4. tenants either stop paying or move to a cheaper location, the new rent is lowered5. occupancy rate approaches break-even level or break below6. your interest-only loan's term is up and you have to start paying higher mortgage7. operator makes a capital call. 8. not enough funds raised. property forclosedIs this as bad as it could get for MF syndication? 

You know what is going on with it, you know how things operate, you know the issues etc..