I am doing it, right now, purely for the practice, reps and insight.  

But for my retirement, I'm focusing on pure cash flow deals.

Build it for pure STR.

Some might argue for appreciation but that would be purely speculative.I see it could have been a popular idea in a pandemic-stricken world of 2020, but I'd place bigger bets on traditional residential real estate.

From a pure investment standpoint, I would not buy a property if it isn't going to at least break even on cash flow when rented.  

They tend to protect owners if it appears they have been taken advantage of....it is not pure legal black and white. 

The property has plenty of room to force equity and rents are a couple hundred per month under market, so growth potential is there.Percentage wise this is where I wanted to be (north of 20% COC), but from a pure revenue perspective I am only going to be cash flowing +/- $300 mo. instead of the $1k I was looking for in each property.  

It was PURE LUCK that somehow I discovered it and it would have cost $73K to clean it all up.The reason you have a partner is not so you can split the profits 50-50.

Traditionally I’ve made a good routine of keeping all rental income in my business account and purely living off W2 wages.

Will this be owner occupied or a pure investment property ?