It would be beneficial for you to connect with @Christopher Price since he is in the Seattle area and knows the STR market well!

Lastly 30% is too high for a STR management company, especially one that says how often or how long you can stay at your vacation home.Hocking Hills would be our first choice, but inventory seems to be very limited and more expensive than RRG. 

It's not enough to throw at any of my current mortgages to where it would make any real difference.I agree that investing in flips or lending probably isn't the best choice right now with that small amount of money because I need the write-offs from Real Estate and not just the income from interest.But as I said above, the $40-50k that I can pull together right now won't even buy a beat down mobile home in my area.

I would recommend transfering the property into a land trust with the beneficial interest going to them personally now, but changed into a newly created single-member LLC after the 1031 exchange.

There are flippers in every market.I can't speak for Philly, but in Los Angeles, the preference for many flippers is the higher price point because the don't have a choice.

Initially I have some different ideas on how you can structure the loan to be more beneficial and create more cashflow up front.

BP is setting up a service next month to connect members and advisors and that should be very beneficial to members looking for professional advice.  

I've been a developer for 17 years on projects across the US and we do both JV deals and consulting based on what is most beneficial for all people involved.

It may be beneficial to consult with a contractor and real estate professional to assess the best option for your specific situation.

Forming a repoire with them I think was beneficial and personally satisfying.