Yes pretty common, minimum downpayment is generally 25% (occasionally that 20% will work) but just depends on your situation.  

This totally depends on the state and many look at STR as hospitality and you don't need a license and all that jazz.

My goal for the team would be to have one project under-way by EOY.The exit-strategy of each deal will be dependent on location, market data, and ROI comparisons to determine the best route forward for the team and our goals at the time.

It depends a lot on your risk profile and regular income.

Yes you can but it depends on the lender some lenders do not allow due to overlays and in house restrictions. 

This really depends on the entity, # of members, etc. 

Hi Max, it all depends on how much liquid cash you have of course. 

Quote from @River Sava: Hey April - Refinancing after a year if there's limited equity depends on your goals—lowering your monthly payment, cashing out, or switching loan types.The process usually involves checking your current loan terms, appraised value, and credit situation.

I completely understand your frustration — property management can be a hit or miss depending on the company.

Anywhere from $500 - $2500+ depending on the insert you install and whether you run the vent and exhaust up the old flu or cap the flu and vent/exhaust through the side of the house/chimney.If you hire out the entire job, expect to be in the $1K - $1200 range.