(Or a lot if you're dealing with a scam turnkey company, of which, unfortunately, there are a decent number.)BRRRR is much more active, you buy a fixer as you note, oversee the rehab yourself and then either manage yourself or find a manager for. 

The problem is NOT the use of remote entity as any fraudulent  activity will fall back on the individual performing fraudulent acts.  

I personally chat with each and every guest before, during and after their stay.I can see having automated bot responses, but every one I have seen still looks like an automated response from a bot.

If passive investing appeals to you, real estate syndications or REITs diversify exposure without active management.Best regards, Stevan

When the syndication is sold in future years, are the gains, depreciation recapture, and distributions also taxed as active income?

They are actively participating and easy to reach. 

I had Simplisafe for a while and had so many guests press it for no reason, it became a nightmare.

SFD vs condo vs 2-4 unit, hold vs flip, turnkey vs rehab, passive vs active...it really comes down to each individual property/opportunity, what your goals with the property are, and if the numbers make sense or not.Best of luck!

Insurance placement guests tend to be very last minute, often will want to sign an initial 30-day contract and then the amount of time they will extend is very unpredictable but can sometimes be upwards of 9 months.

My question is this, would there be enough interest for mid term or short term guests with the sqft and having a loft for the bed?