There are definitely downsides to each destination.Friends of ours, boat builders and lifetime sailors, actually went into the British Virgin Islands post hurricane and bought up damaged boats that they're fixing with a goal of launching their own charter company (which is a similar model to vacation rentals).

As a model, Techvestor syndicates (uses investor funds) to acquire, fit-out and operate short-term rental properties for profit in select markets across the US. 

Dated mica kitchen counters and older color style tyles in baths.

Right now I am leaning towards the BRRRR style of rentals. 

You will likely have a partnership for tax purposes and have to file a partnership tax return and keep business-style books.

Hi Xavier, Mynd is definitely an interesting model.

Will your current REI model get you to your end game?  

For properties with a remaining balance or if the goal is snowballing debt, this loan style works much better.

Partner Driven financed the Stowers Road deal through our partnership model, providing the necessary capital for both the purchase and renovations.

But if you're someone looking to house hack or just do a rent-by-the-room model in Denver, this could give you peace of mind that you're not going to get shut down.