Adding in taxes and insurance you are probably going to be around another $250 for a total of $1,093.00+/- that’s a positive $507.00 a month cash flow on a $130K which is good. if the rents are $1600.

Being 22 with only 16k in tuition is great position to be in, so I would lean towards investing if you have the funds to do a fix and flip.

To answer your question, the advantage the GP has is control, and the ability to gain wealth from their equity position (hopefully not so much for asset management fees) by selling at a big gain.  

If the seller can offer a 15% Seller carry in 2nd position, this is doable.Happy to connect!

Guest Experience: What amenities and services are driving repeat bookings and positive reviews?

Every positive review on their website are from people who just found them and are happy like they found a gold nugget in their backyard and have zero experience with their accounting department or have yet to file a claim.I am thankful for finding this discussion as it helped me realize there are multiple options for STR. 

Everyone is so positive.

Analyze your deals carefully, ensuring the property generates positive cash flow and returns on investment.

Congrats on the move and positioning yourself the way you have. 

There is positive population growth, tech and manufacturing (Tesla, Google, Apple) moving to the area, and low property taxes.