This is a very early stage investigation to see what my options are, the ROI would depend greatly on the strategy that would be used moving forward, which is something that is very open to possibilities at this point and I have flexibility depending on the needs and desires of a potential partner.  

You started off good with cost being paid in stages, but it sounds like you paid before you verified they actually hit their benchmarks.b.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

In my opinion with this kind of business I can get a E2 visa and under this business I can be an investor, realtor, maintenance/Reno, staging etc. as you said I have to have a complimentary service business under property management to make margin. 

What I did find is that as a builder in eastern tennessee, I could build STR cabins for less than 70% LTV so that I could effectively BRRR my way into growth without coming out of pocket for a down payment.Now it does take a lot more cash to do because as a builder I have to front a lot of money at times (land, permits, each stage of construction while I'm waiting on the draw). 

@Mike Levene First note, I agree with others saying cash flow is a bonus, though it depends on what stage of investing you're in.

Its better to be pleasantly supprised than utterly disappointed 

That’d be my next move-they can tailor advice based on your portfolio and Vermont's specific laws.By the way, if anyone here has experience juggling multiple LLCs at the 5-10 door stage, how have you handled the balance between liability protection and administrative overhead?

Putting aside AshCracks utter disdain for the LP investors, anyone willing to invest with them, FUND 3, given their current/recent track record needs to visit with a psychiatrist and also an elementary school math teacher to start with. 

The 70% rule is reserved for talking points by the guy on stage talking to an audience who they’re trying to sell a coaching program to   It’s a get excited number not a do a deal number   The equation is: maximum of 65% of AS IS value.