Short term rentals can be advantageous for immediate cash production, but are more risk as compared to a long term rental.

This will get you the investment at the price you're looking for, while gaining appreciation in a hot market caused by migration and lower prices compared to the rest of the country (Greenville, SC).

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

He's playing with numbers, I reckon, and I bet there was a mortgage on the property, so his cash in was not $230k.

Is this the right way to compare?

The assignment fee in wholesaling is often much larger compared to the commission they receive as a buyers agent.

I look at location, price compared to surrounding properties (to force appreciation quickly), desirability, path of progress, underlying fundamentals, etc.

After comparing the performance I don't think I could ever go back to anything under 4 bedrooms. 

When deciding whether to sell and reinvest in a higher cash-flowing market, you can use several tools and strategies to compare high appreciation markets versus high cash flow markets.

My average is around $160-170/night for a 3/2 lake view, which is low compared to other markets I'm in.