Every time I've seen a failed or failing PMc, I also not a total neglect or ignorance to at least 1 of these functions, and something to a incorrect thought that they could run a PMc just doing/focusing on 1/2 of the above. 

From what I've been told all the condos in the building are put into a rotation, when you unit is rented you get bumped to the back of the line and then rebooked.

@Andrew C. 1) If she meets the qualifications for REPS, the rental losses will be nonpassive and can offset any type of income.2) The functionality of Series LLCs differs from state to state, since some states do not recognize the Series LLC structure.

This is harder to do in Furnished Finder/Zillow, but Airbnb has the functionality to do it.  

I create a spreadsheet that calculates principle pay down using the built in functions for principle and interest (ipmt, ppmt).

(I'm able to get into this thing for only 10K the cash on cash return is absurd from 37-56% (depending on closing paid and points I pay, its an 8% Cap, 350-450 cash flow (after variable expenses + depending on final rate) Brand new.. seems like a decent first step but the functionality..

For example, you might have a 1980s bathroom which looks dated but is perfectly functional.

We did a Zoom one last month, but we do in-person for almost all of them now and they rotate locations each month.

I also heard a podcast where someone does medium-term rentals for rotating nurses, etc. 

I'm considering hiring a company that will meet with me and design our flips from studs to finished product, including the functionality of the property to the actual finishes used; i.e. the design of the flip.