The people in the WSO are pretty tough on the LPs and perhaps that is deserved but I think we need to help LPs by getting GVT to increase accredited investor standards, both $ net worth, and perhaps requiring people pass a basic financial knowledge proficiency exam, just WOW, i'm sure Ashcroft isn't the only one.....  

The last guy I hired - the best of the lot, since half of them either had criminal records or couldn't pass a drug test - burned through an entire year's worth of leave and sick time in less than 3 months, then after being told he didn't have any more time off left called in sick Thursday and Friday w/o pay and quit on Monday.

One other difference I didn't see mentioned above - FHA loans on 3-4 units will have to pass a self sufficiency test. 

A common lament among employers, especially manufacturers, is they can’t find reliable, conscientious workers who can pass a drug test.

===========================================My mail carrier had to go through a background check, pass a civil service exam, has limited duties, and isn't demanding access to complex computer systems that he doesn't understand and view sensitive, personal data.BTW -- Biden didn't extend Trump's tax cuts.Not even a nice try trying to move the goalposts -- Trump gave a pittance in tax cuts for the regular people, and the vast majority of the cuts went to the top 1 percent. -- Which is why you tried to change the goalposts.Trickle down has never worked.

We are attempting to get an eviction date, but could not pass a lead paint inspection because the weather is so cold in Cleveland that the paint will not dry.

Then the owner anticipates a safe exit without encountering too much of a loss, but making an effort to pass as much of the pain off on another sucker because they got duped. 

Quote from @Jay Jones: I have a HELOC on my primary residence but was told by the bank I have it with that they can’t give me a HELOC on my Quadplex because it’s a multi family rental (they could pass a single family rental off as a a vacation home.  

Secondly, you'll definitely want to confirm with a tax strategist with experience in the STR space to confirm if the setup you describe will pass as an STR with the IRS. 

If someone came to us with a participation, we still would most likely pass as residential is our bread and butter.