It's basically a variation on using 1031s to diversify (sell one and buy several) and grow your portfolio exponentially.  

Hi AllI'm new to this forum and trying to get some information about short term rental market in Mont-Tremblant, Quebec.Plan is to buy a land within 30 minutes from Mont-Tremblant ski resort and build a high end contemporary two bedroom cottage to rent it short term on platforms such as Airbnb.I'm not from Canada and never been to Montreal, I'll travel to Montreal end of this month to choose a land.I did my research, had a look at lands on realtor.com and I found big variation in prices (acre from 40k to 1 million), were obviously lake front, those where short term rental allowed and lands closer to the ski resort are the expensive ones but I think there're other justifications for the big variation in price which I'm not aware of. 

There are many variations of compensation structures.

You've described general parameters, but too much variation within that to really give useful advice.

It's a lot harder to find a good deal these days, but yes, this would be another variation of fix and flip.This is a great market since many Seattle townhouses are in the 6xx price range or higher now.

A variation on TTT and relatively disfavored in Texas, but will likely work here. 

do you ever see any variations on this, for example higher % mgmt fee and PM covers employees?  

IRAs and 401ks are created in different sections of the tax code and do have some variations in the rules.Also, Solo 401k plans are not exempt from UBIT nor are they always exempt from UDFI tax. 

They also mentioned that scammers will use different variations of their names.

There are many variations of leases out there and most investors choose one or modify to suit their needs.