Have you taken the time to search AirBNB and VRBO in those specific areas to see how many STRs are operating?

None were a match for me personally and many were not a strategy I wanted or too speculative (such as opportunistic strategy which is the riskiest strategy or investing in tertiary markets which also tend to be the first to go belly up when there is trouble etc).You probably actually want to look at your operating agreement to see what rights you have to books and records, etc. 

You'll need to do a lot of learning on the order of operations.

Thanks, Victor.I have met the people in person, and it's a fairly large, established lender operating in multiple states. 

Some have pointed out the fallacy that to be licensed in some way is different upon the operation. 

In my experience many unlicensed wholesalers operate in a grey area and often cross over into what is obviously brokering real estate without a license. 

In that case you will need to analyze the comps, and keep in mind operating two units on one property can bring other costs and operational issues.2.

Even the drop down menus for the forum subgroups are not organized that well.3.

Franchises work for a reason, but inexperienced operators are why they fail.

Hi Ricky,Being in operation for 10 years with mid seven figures of assets and NNN leases,it would be wise to speak with your tax advisor regarding if the tax set up should be an LLC, an S-Corp  or a C-Corp.It would also be wise to speak with an asset protection attorney to find out if this is something that might be beneficial to you in that area.