This type of structure necessitates a pretty solid integration between the provider of the legal platform and the custodian, not a one-time hand-off.We probably get about 10 inquiries a month from folks who have cobbled together a LLC in the fashion you describe, have no access to meaningful support as a result, and are lost and frustrated. 

Once the underwriter approved that logic, I then had to provide the proper documentation from my booking platform, taxes and bank statements to verify.  

It could also be that your appetite for investing isn't paired well with real estate - you may want to consider REITs or even online platforms like Fundrise. 

I am "the Zach Oehlman" referenced in this post and wanted to offically introduce myself as I want to get more acquented here on Bigger Pockets.I have spent the last 7 years working to build our private community of real estate investors and finally am getting settled in so I have more time to reach out on platforms like this as I think they are great.I have a private blog if you want to get to know me more here: https://indianaoehlman.com/And we do offer advanced masterminds that do cost $20K and provide lifetime value for people who are ready for what we have.And I say this with all of the love in the world...not everyone is ready for what we have.It is fast paced and the "deep end of the pool" and we understand that.And that is why we let you come and test it out for 7 days for $25.Because we have been on the other end of a "sales pitch" and then didn't get what was promised.So if you are looking for advanced daily support check us out.I look forward to sharing more on this great platform and let me know if you have any questions. 

I put a brief summary of how I found myself entering the MTR space below the questions.Questions:1) Do you recommend listing MTRs on the MLS (why, why not)2) Should I operate my MTRs separately from my RE license/ business i.e. 3) Any tips on how to manage funds when hosting for an owner, should I collect rents via all platforms and payout minus commissions, expenses, etc.?

So I think the technology platform is important.  

We get them on other platforms as well so it's difficult to extrapolate anything from it.

There are also platforms like Investorlift and TwnSqr that are marketplaces for wholesale deals. 

As far as property management goes (thanks @Michael Facchini for the shout out), NestEgg is a local Chicago prop-tech company that offers landlords a platform to manage their properties and stay in control while also avoiding the typical property management fee of +/-10%. 

Do you have any experience with other platforms like this?