Pete area that can tell me what their aim is for monthly revenue?

The idea is for my sister and I to combine all three properties revenue, risk and maintenance in one LLC and pool the money to buy out the siblings AND keep separate deed/titles to our individual properties to do with as we wish after the 5 year buyout.   

5) use free tools like AirDNA rentilizer, awning.com, etc to estimate revenue potential.  

How does this break out in terms of profit vs revenue?

It means they are offering 3% of the ENTIRE Gross revenue of the lease. 

Coverage would be close to 100%, depending on the interest rate and what rental revenue is assumed during the purchase. 20-25% down is fine.

Not systematic and just poor risk assessment by management.A large majority are well capitalized, grow revenue, grow profits, pay dividends, set aside plenty of cash reserves for commercial loan BULLS#@% and trade at 2-3 times lower than book value.So in my eyes this is quality at a discount but I could be wrong lolI'll either be a "HERO" or "ZERO" with this investment lol

And you see whatever you pay your channel manager as worth the savings/extra revenue from direct booking? 

So Erik has some great real world advice.Remember that you can pick a better area in other parts of the country and still self manage.Your idea of a 4 bedroom house is good as that will generate more revenue than a smaller property and appeal to more people.

Insights on communities, property prices, and prospective rental revenue might be obtained from them.Keep an eye out for areas that are experiencing gentrification or revival.