That's how it'll work out.For your personal situation, my personal opinion if you and your wife are trying to start up quit getting cute with investing and go buy a really good SFH is a good neighborhood and cherish family formation.

High fees - Any business has startup and ongoing costs. 

I have extensive experience in online marketing for small businesses / startups that span across legal services, beauty, tech and more.

Once you have your systems in place, it becomes very plug and play.Thanks, yes--I've been thinking that startup would be relatively time intensive (furnishing it, setting everything up on the advertising platforms, etc.).

Roughly it translates to about $50k Net after deducting all expenses.Conclusion: you save some money in the first 3 years, but at a cost of spending a lot of time to manage the STR, not to mention any start-up time to buy and furnish and launch the STR. 

And then those that want to make a career but just dont have the skills or the financial security for the start up ( apprenticeship ) to hang in there to build a base of business.

Check out something called a Roll Over Business Startup (ROBS) account.

Our startup fee was only a couple thousand and that included setting up an entity and a bunch of other things.

We are a startup but we already have partnerships with both lenders, banks and title companies.

I didn’t qualified cus of my credit and capital they refer me to rocket something offering the same thing but lower start up cost of $5k and then they said if you don’t have that we can get you funded with $50k thru our other method.