We have tenants move in on the same day a tenant leaves by marketing the unit 45 days before lease ends.

However, I have some concerns and would appreciate advice from anyone familiar with the market or STRs in general.My Key Concerns:Lack of Comps: When looking at AirDNA, there aren’t a ton of comps in the area for properties like the one I’m considering.

You are soliciting professional advice from people who know what they are talking about and you can take it or leave it.

Also, the owner expressed concerns over the capital gains tax early in the discussion...so I am thinking the opportunity to do vendor financing will help me get a good purchase price and help the vendor with taxes.  

One of the concerns I have for my children, especially my oldest is that I think I want them to have success  more than they seem to act like they want success.

However, one of my biggest concerns when fixing homes is knowing when to use permits.

With this property you must leave $50K in the property in order to meet lender debt coverage requirements.

Knocking off $4k for that additional bathroom let's say it's $170k ARV, looking at this for a flip and using the 75% formula and a $120k buy price that only leaves $7500 for a reno budget - I'm no expert but I'm pretty sure it'll take more than that! 

If you are truly concerned with liability, these should be your main concerns and focus, not whether to create your LLC in Wyoming or elsewhere. 

I’m afraid the other wholesaler make the seller cancel my contract and leave me hanging