I'd be happy to help and have a look at the numbers to see if they make REAL sense. 

This can be a real money-maker, but you need to know what the risks are, how to mitigate them, how much to charge for rent, insurance requirements, and more.Honestly, the couple relocating sounds like the best option.Here's a tip: don't reject applications just because someone else started one.

As long as two conditions are met1- all participants are decision makers - so that no one is a passive investor relying on others to make decisions2- no selling, advertising or soliciting is involved in raising capitalit is also possible to qualify for an exemption from registration of a security using the general exemption for private placement.  

.$257.57 Technivorm Moccamaster 10 cup coffee maker - https://www.amazon.com/Technivorm-Moccamaster-53923-Select-J...Here is another special kinda appliance.

There were a few slight distractions like figuring out financing, selling a neighboring lot (that I had also acquired via letter writing) on Craigslist, rent out my RV, rent out my house, make my first ever documentary film (a twenty minute short called Kara, Star Of The World about a woman with a traumatic brain injury from a childhood ski accident), take any photo and video work I could get, start a 360 photography company, create social media channels to hype the build, parent two small kids, do a beautiful and excruciating tandem mountain bike ride across Scotland, drive my family on RV trips to Colorado/Arizona/Utah/Nevada/California/Wisconsin/Minnesota/Michigan/Florida, attempt to write a novel and adopt a puppy.The above may read as humble brag, it is not.

., we have had a broken window (the locking mechanism), someone busted up the queen futon frame, someone took the waffle maker, beach towels go missing all the time, TV remotes gone, etc.People like to put stuff in places they think they should be.

Step #PhaseStep1DiscoveryTalk to experts and learn (process, tips, design tips)2DiscoveryCreate social media and document story3DiscoveryGeneral research - budget considerations, financing options, permits, regulations, tax considerations4DiscoveryMarket research - competitor analysis, analyze guest reviews, market trends5DiscoveryGather ideas/inspo (blogs, articles, youtube)6DefineCreate brand and vision7DefineCreate guest requirements (e.g. coffee maker, natural light, near activities, etc.) and prioritize must have, nice to have, etc.8DefineSketch idea for look and feel (architecture and design) - map out the floor layout9DefineConsult an architect (is this needed?)

Additionally, especially for groups that built their company on retail investors, it is a major shift and risk to step away from dealing directly with decision makers (many retail investors will see a few ads or hear someone on a podcast a few times, have a couple calls and invest.  

You can only make real money if you have like 5+ doors or doing a much more active -"add value" plays like BRRR, airbnb/STR, add wholesaling.   

Others play hide & seek games with their intentions.If you're interested in the Detroit market, DM us. 100% agreed with Drew.Most will have an ulterior motive so stay very diligent.Best advice I could give for investing long distance is to not do it lolI moved from Australia to the US in pursuit of real estate.I suggest the same for others that are looking to make real estate investing a "real thing".Easier said than done just packing up and moving to a lame town just for real estate so I get it...But certain sacrifices need to be made if one wants to achieve certain success.Just my opinion."