It just gives a layer of protection to the property seller that they don't get with a straight sub to (without a wrap).The other option is to encourage or help the property owner go and refinance. 

For Q1, I want to get out of analysis paralysis, pick a market and pull the trigger on my first STR. 

Michael, Lets connect I can help. 

Nobody is going to build "starter" homes unless there are incentives that help absorb your fixed costs - developing lots, utility connections, grading & surveying, etc.

Offering a rent-free period helps the seller stabilize, but what happens if they still can't afford rent when the time comes?

You'll manage the property, not investors.Syndication helped me scale my business.

Keeping clean records from day one really helps when tax season rolls around.

Even when an LLC is owned by another company, DealMachine can find you the owner going as many as 5 levels of ownership deep.I am the owner of DealMachine... lmk if there's anything I can do to help 

The area has attracted a lot of new young professionals with their work from home marketing that gives $10,000 to qualified families to help them establish themselves in the area.

I'd imagine I have a referral code or something somewhere if that's helpful for you, might get you $ of your first box or something.