friends and family will not want to pay market rent. you will be leaving a lot of money on the table.

i would leverage the cash just in case the next deal comes across your table and you're in need of aquisition funds 

With dad absent for most of my childhood (for reasons unbeknownst to me), my mom did everything she could to keep the bills paid, a roof over our heads, and food on the table.

Of course, this thought is not just in the STR industry, but throughout every industry that has plenty of companies to choose from.So, with that said I feel like a company can stand out by how well they know a potential client's pain points, help said client find solutions to those pain points, can be personal yet still professional, and how much passion can they bring to the table that gets everyone excited.This can make people stop and wonder what makes that company different, instead of blending in with thousands of others. 

As a bonus you get the extra cash flow and you can refinance with a regular lender anytime without brining more money to the table.

The longer a group has been around, the more they have learned, the more they can bring to the table.  

Home builder, developer ,business owner interested in working to together with an experienced land flipper on land deals bringing my experience and financial resources to the table.

It can be anything (time, money, leads, admin work etc.) but if you aren't going to bring anything to the table, it's going to be difficult to find someone who is actually interested in helping you for no mutual benefit!

You never know which one of them might  bring you a deal some day. yup if you can get through their off shore phone poeple and get to the actual principal turn the tables..

If the 1031 Exchange is on the table there is hope.