My landscape boys on hte other hand were smoking while cutting my grass probably at about $12/hr.

We have been able to rent it out with zero vacancies for $3,300 month, with the mortgage, property taxes, insurance and other expenses totaling ~$2,900.

Having a full year’s rent in our hands seems to be ideal.

They mentioned James Kandasamy is very hands-on with operations. 

Either you do all the work yourself, i.e. no contractors, no managers and no cleaners - or you do 100 hours of hands-on work and none of these other people do more hours than you.

As a hypothetical, let's say there's a syndication seeking capital....Total capitalization $30M, Equity raise $10M....clearly this falls within the boundaries of where a family office, private equity etc. check writer would become involved if the deal has merit.

I totally understand the challenges with deal flow, especially in a tough market.

You could still be right outside city limits.I doubt there would be much demand for an STR outside of Huntsville or Madison city limits - maybe in Athens or Guntersville, but those are 45 minutes away from Huntsville and a totally different market.

Double check with an attorney to make sure you've completed it correctly.You will need to attempt to deliver it, by hand, to one of the tenants. 

There are obviously other metrics that have to be met, such as the gross monthly rent has to be equal to greater than the total principal, interest, taxes, and insurance; that is the debt service coverage ratio (DSCR).