Watch out for the village requirements and make sure your team knows what areas require rental and pre-sale inspections. 

Delaware has no sales tax, so has been slow to jump on the band wagon of taxing STRs. 

They both do very well on rent vs. sale price.

Additionally, I wanted an easy investment since I felt like I was not ready to take on the rehab portion.

Any way to delay the official sale to keep taxes low while still maintaining a contract to buy? 

I.e. a group that was getting 30+% returns out of a 2017 acquisition with a sale in 2019, should be looked at loosely against other sponsors with deals of similar acquisition date, as general market timing is really going to be 90% of the overall return, with the operations only accounting for a small part of the overall return.  

Purchase price: $125,000 Cash invested: $25,000 Sale price: $230,000 Bought the property about 4 years ago, originally it was a 2-family rental.

Consider transferring to an LLC after occupancy, keeping the due-on-sale clause in mind.This post does not create a CPA-Client relationship.

So, to stick to your agreement you should pay them 3 percent of the sales price at closing.

Not many real estate agents focus on lease properties since the commission is significantly less than that of property sales.