This is all in the lease, so no one can claim any kind of residency later. 

Quote from @Stacey Wells: Hey everyone,I’ve been researching different funding options for real estate investments and business expansion.

I'm pretty sure RehabValuator does this really well.

Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.

That’ll help steer this decision.

And here's a tip...When you think you are all done; stay in your new STR for 24-48 hours and keep a list of each thing that you were reaching for that wasn't there. 

A well-written operating agreement ensures everyone is aligned and helps prevent conflicts down the road.Having built several successful companies, I can confidently say: don’t skip this step.

Quote from @Kevin Ansari: Does anyone have any experience in dealing with this MV realty cloud on title , our lenders will not issue with it looming on title policy I'm not sure; I've never heard of MV Realty.

What made you interested in investing in this type of deal?

1/12th of 18 acres as a minority owner to 7 relatives MIGHT be worth more than $0.