On of the biggest scams/ money maker in the country , 

Also, $50k revenue on a half million purchase is nothing to get excited about

We do have a debt fund but we don’t loan to our own properties—that was created because I just had an exit from a bridge lending company I started 7 years ago and I like that slice of the capital stack right now.These groups touting all these other investments you mentioned aren’t just feeding their egos—some of them are struggling to keep the lights on so they are looking for revenue.  

I think screening will be your best friend if you go this route to prevent the most headaches. 2) I'd say the biggest problem renting by room is potentially laws about unrelated persons living in same household.

The biggest mistake is not truly understanding the exit strategy.

Currently, funding seems to be our biggest hurdle in acquiring real estate. 

Your clients will be coming to you for your expertise on what is likely their biggest asset and investment of their lives and keeping yourself up to date on the news and learning from others experiences is invaluable!

The resort plus condo fees and replacement fees keeps nearly 66% of room revenue.

My biggest concern was that I have no bargaining power when its under contract on splitting repair expenses with the seller because I have to close on it.

It's my understanding that if there's a "partial exclusion", I'd use a Form 8949 with Code H...And if it's "fully excluded" and there's no 1099-S issued (which I indeed received no 1099-S), then I'd simply not mention it at all.But my biggest question is....