It is also important to note that the qualified intermediary industry has no licensing or regulatory capabilities. 

Also, I ask them to apply through Zillow so I do not waste time showing a house to someone who won't qualify.

What would you be working on in real estate to qualify and how would you document it. 

However, you're now considering whether to formalize a management relationship between your S Corp and your personal STRs.

Since the friend doesn't qualify should I just tell her and the tenant that we can't move forward with adding her to the lease?

Here's a breakdown:Pros:Liability protection – separates your personal assets from property-related legal claims.Helps formalize your real estate operation, especially if you scale or bring in partners.Cons:No tax benefit by default – the IRS disregards single-member LLCs for tax purposes, so income still flows to your Schedule E.The idea that rental income should be run through an S Corporation for tax savings is incorrect for standard rental activity.

Your family members can be members and still qualify.  

We have a minimum income requirement to qualify for this unit (4 times monthly rent); based on your email, it appears you meet that qualification.Whether or not your household currently has pets, I am going to share our pet policy.

Have you contested this with the HOA at a formal meeting?

Would we qualify as first time homebuyers since he's never bought before or would we not since I have?