For investors, would earning passive income through property cash flow (without actually owning the property) be appealing?

Now the paper losses are still able to be realized via the holding companies while the management fees are earned tax free?

Should I take extra steps to verify their identity and legitimacy?

Setting up direct bookings is a great way to save on fees, but you’re right—it requires extra effort to ensure everything runs smoothly.For vetting guests, start by asking a few questions when they inquire, like the purpose of their stay, how many people will be there, and if they’ve stayed in short-term rentals before.

They beat my existing premium by over 30% without sacrificing coverage (I did choose a slightly higher deductible though to get some extra savings here).

I put my money where my mouth is on this.We lend our own hard-earned money to local real estate investors.

Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes. 

I thought I was overcharged for my rehabs, especially because I didn’t have a solid process for oversight in place initially.I ended up having my property manager oversee the rehab projects, which helped but came at an extra cost—around 10% of the total rehab budget.

So, you are "earning" 5.16%/yr on your $73k investment, or have an 18 yr payback.  

Here's an example why:- One of our people made a mistake last year, and entered an expense of $1500 instead of $150 - they accidently typed an extra "0". - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio.