I'd need to really dig down to get you the appropriate number for my own rentals, but I can tell you right now that 25% for maintenance and vacancy combined is not too far off.in the one statement you indicate my number (which really was 45%, but I am assuming a typo) is wrong and my model is wrong.  

The model is super sensitive to both.

I doubt Putin would survive the month. 

I think the major stumbling block to the model is the absorption or start up.. you would need many clients to get this to work..

—just know I’m serious.Goals:Short-Term: Survive my first property acquisition and placing a tenant. 

I have seen a few try to get started over there last several years, but none seem to have survived (or are really bad at SEO and marketing) since I was not able to find any the several times I have searched.That being said, I know Cadre has launched a secondaries market for their own investment offerings, but that is limited in scope to Cadre positions, and is currently closed anyways and will be "re-opening soon". 

It is not difficult to debug the future from their investments using their own website.most STR/LTR syndication that had strong presence should be :- working in local niche market only- has five to ten years experience- had open book / track record mentality- the audited financial statement should be available to understand the business.STR market itself is very risky investment in my opinion, now you add fund/syndication then you have double big problem.one out of five hotel syndication is going for bankruptcy in the last two years , and we expect STR to survive ?

If you choose to go this route and like this model, I can hook you up with a banker that is awesome and loves these.

And on an aside, I went to Chico State and hope the town is surviving the fires. 

Quote from @Jay Hurst: Quote from @Chris Seveney: While this sounds like a good idea, I don’t see how a company like this can survive - such a small market segment and once rates level out and are more consistent they have not really be neededI know them.