Hi George,The biggest thing is to get the terms laid out in a contract for the both of you.

They said if can get those, they would be very flexible with any other terms for the remainder of equity.Current roadblocks:However, PITI=~4300 >LTR=~3500 and entry would be high at 15-20% so likely the best exit for this would be to buy creatively, and hold until find a wrap buyer, which I am not familiar with how to quickly find.Other two best alternatives = quick pop and top flip by finishing basement + very light cosmetic rehab/upgrade OR MTR as within 15 min drive to 2 of the biggest hospitals and Atlanta GA, and close to the famous East Lake Gold club which is part of the tour.If you are familiar with structuring hybrid deals, wraps, and/or Atlanta GA markets, please reach out.

The biggest question is how will incomes compare to last year. 

I would argue that the three biggest things that differentiate a hotel room from an Airbnb are uniqueness, a washer/dryer and a kitchen.

Only downside is that buying a house now is so high it's almost not worth the effort it seems.

You've got plenty of time to get creative with your investments, but my biggest advice for our first-timers in Denver and Colorado Springs is to not overthink it. 

Solid overall process, downside is typically it commands a bit higher of an interest rate. 

Most banks have restrictions and a Clause where the mortgage/loan becomes "Due on Sale".The biggest benefit of going from personal to LLC is to protect your assets against a law suit due to an injury or death by someone renting or using the property.

@Clayton Silva is right vacancies and turn costs are generally our biggest expenses.

Mold scare is the biggest crock of $eet in all of RE inspection bizz..