For example, you could not invest your IRA into your operating business, but you could use the IRA to buy a rental property that the IRA rents to a non-disqualified person.

Thanks for the advice but this management company is definitely licensed...don't want to call out names (yet) but they operate thousands of units in at least 4 states...they seem to value expansion over client and managers retention and constantly makes mistake or fail to follow up on issues...some of the staff like the contractor kickback feels very questionable and unethical.

Window screens should be present and operational, and should be free of any rips, tears and / or damage to the mesh portion of the screen.Heating units: should be dusted and access uncluttered, in compliance with local fire code.Hallways: should be clean and free of hazards.Stairwells: should be clean and uncluttered.Laundry areas: should be clean and neat.

Many municipalities have laws against STRs or that limit who can operate one.

Some syndication structure may be in a charging order state and have strong asset protection operating agreements, but most don’t.

This property is still considered residential, so its value is based on what similar properties in the area are selling for, not the net operating income. 

If you believe a holding company is a wise to do, could you clarify on whether this could be done separately from creating an "operations LLC" (or do you always need both?)

I own STR's at the Jersey Shore, I know operations are a bit different in the Poconos area and want as much info as I can get before I purchase.

There are some smaller/newer contractors that are still operating on a shorter timeframe.

That said, state laws are different but we have several LLCS (one holding company and an operating company).