To me the value in diversification is that it helps nudge you to look for other opportunities and revenue streams where you might otherwise just be content to stay in your lane and then you'd never find anything new. 

For example, I want to make 100,000 this year in flipping homes.

I have  a W2 job and look forward to the losses this year to offset some of my income (Not my 'WHY' for running an STR, but a nice bonus).

We’ve found this approach fosters trust and creates a solid foundation for long-term relationships.

Thanks in advance for your help! 

If this is your first deal, it's probably best to get a lawyer to make sure you're doing everything properly.

Hope this helps!

This also probably ensures that they will continue to depreciate against the US dollar over time. 

And indeed they do this all the time.I would get your own accountant's temperature on this first.   

Thanks Alison I have one that can help you, if you are still looking.