So it appears I am one ignoring the data, but I believe I have a good grasp of the risk and a plan to mitigate the risk.  

Quote from @Brett Deas: What is everyones biggest struggle with the current mid-term listing sites (furnished finders, Airbnb etc.)? 

The potential for a loan call is higher and higher with sub to the more parties you involve if that makes sense.Trying to take down four homes sub to and then do remodels to them all, and then list them on short-term rental sites, and get full permitting and ok for not just the STR, but for your renovations and all prior renovations maybe done without a permit, while on subto, sounds like a pretty big mess to me.I would consult with a sub to specialist and prepare for the potential of having all the loans called at some point.

You get rental increases and if Chick Fil a ever leaves the site you often have upside converting to absolute NNN leases with a new tenant closer to market rents. 

Target Number:                                                                                                                    320,000                                                                                                                                    -64,000 or 20% (agent fee 6% 19,200, GC Fee ~ 25,000, Title/ Closing/Funding 19,800)             256,000 all in                                                                                                                        ~40,000 Profit                                                                                                                      216,000                                                                                                                                       -5% Buffer 205,200So what can be built for 200,000This puts the build size at 200k/120sqft or 1666.67 sqftIn my gut this still appears to be to much house even with 40k in projected profit. 

Appears REATLOR does have a "SINGLE PARTY COMPENSATION AGREEMENT"Would this work? 

Your best bet is to establish a website and do SEO for that market.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

It's always been my investment thesis to thread the needle of a place where a lot of people go but is not top of mind for rich people to own a second home.I like National Parks or Nat'l park sites that get 1M+ visitors per year but are not the big ones (Yosemite, Yellowstone, Zion, Grand Canyon, etc.) and have a median home price below the national average.

If that is you please DM me as I am struggling to find any legit reviews good or bad unless it is straight off his website or from angry people screaming scam alert without actually having done anything with it.