That’s a really poorly written contract, you might need a new realtor too.

My market is not cash flow based, but my STR cash flow is poor this year.  

@Tim MelinPro - didn't take into consideration personal income or debt.Con - stiff prepayment penalties that are typically a 5-yr step down and the rates have gone up considerably in the last two months making them a poor option at the moment if you believe rates will go down in the next year or two.

Best bet is to connect with local MTR operators and ask them.

Respectfully,Zach The best bet is likely to create a new LLC that lays things out in a straightforward but legally strong and standard operating agreement, etc. - LLC doc sets are fairly cheap and easy to create these days (with limited assistance from lawyers) and its much much better to have that cover bases on arrangements like this - it will also fit nicely with financing options - whether you take on debt from a lender in a co-equity situation like your first plan (refinance loan to LLC post rehab?)

Leveraging a 1031 exchange is your best bet for deferring capital gains taxes while reinvesting in a new property.

I think you are getting some poor responses from the company. 

So I started researching books on investing and lo and behold if I didn’t find Rich Dad Poor Dad.

If they say that their landlord treated them poorly or any talking bad about a landlord it's a no go.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!