And finding a good tenant makes the management MUCH easier. 

Was it easier to qualify based on the property’s cash flow?

Easier Fruit -- and the band played on....

@Jarrod Ochsenbein Incredible work! 

It’s a similar concept to gold-which I’m a fan of, but it’s way easier to move in and out of positions than physical metals.

Obviously you'll need to make sure you get a job/W2 income for at least 2 weeks to a month to get a loan to buy but luckily that's way easier than if you're having to work with 1099's starting out because most lenders require at least 2 years of tax returns at that point to get a loan.

You’ve been incredibly helpful, and I appreciate all the guidance you’ve provided so far!

As much as equity sharing is profitable for you, it is also a way to show your clients “Hey I am here for your success as much as you are, and I have a personal investment in you” which is an incredibly inspiring model.I would however say maybe scale your equity based on the current state profit margin of your client, or even work in a sliding scale so it doesn’t turn off potential clients who may be at a slim profit margin as is and are concerned about it getting any slimmer.

STR is definitely not a rookie game right now, but your flow to success you have sounds way easier than it is in real life.

Are they 100% necessary - no but make life easier.