Without a huge draw to AJ you're going to need to create a spot that people want to spend time at and having 2 different groups in 1 home isn't necessarily ideal.

PS once things are looking good your will be required to do a pre app meeting that is the meeting where all the agencies come together and tell you what your going to need to get your project done. 

These rehabs are going to need all new roofs,all new windows, all new hvac and many all new electric. 

Quote from @Francisco Milan: Is there someone who can help me with a bit of guidance on structuring a few things ? 

They are still new enough that they aren't going to need major renovations or upgrades to stay relevant.

You are going to need to get an attorney involved in this ordeal.

Therefore, I'm less likely to need an eviction. 

Your going to need a lawyer and want a lawyer for evictions, not a PM.

We did this with our first 3 Short Term Rentals and it saved me a ton of time & money.We stick with neutral tones, order bed-in-a-box mattresses, and always keep double sets of linens to make turnover smooth across both MTR and STR bookings.

Advice:1 - The structure depends on the strategy.