More like  2X to 5X the cash out.. these are done with builder developers on their deals So put out 300k get 300k back in profit plus the interest rate. most small builders/ developers need to have a equity partner so you just do both you lend the money and are the equity partner.. pretty clean..

For Livermore, the activity is slower compared to the general Bay Area so you would need to be more cautious on picking the right property to flip, and the margin has to be large enough for it to make sense.

If it has significant upside value, you should consider flipping that yourself or find a partner who knows what they are doing to flip it and split the profit.

Some investors have found that working with the right team even in challenging markets can be a pleasant and profitable venture.  

This deal showcased our streamlined process and Erika's keen market insights, resulting in a swift transaction and a substantial profit.

And many are very profitable with scale.  

Further, the costs - depending on your margin as well as the time to learn it vs doing it yourself may not be worth it. 

was there an agreement between you and your parents that they should share in the profits / losses of the airbnb / property.If there was an agreement, they should also be included in the LLC.It is best to discuss this all with an attorney.Best of luck!

The best advice is don't buy in any area that prohibits STRs or makes operating them so onerous that you're unlikely to make any profit.

If they talk about "halting distributions" to investors to focus on future business growth and profitability, what is their actual business plan?