Would you spend that much for a shot at making 200 a month?  

Whether you spend time networking, reading books, watching videos or connecting on bigger pockets or if you spend cash hiring a mentor, maybe partnering up with or doing free intern work for a real estate investor; whichever route you decide to go investing in yourself is one of the best investments you can make. 

Strategic design tailored to their needs will not only attract them but also show the value in choosing your rental over a basic hotel.For parents visiting students, they want a cozy home-away-from-home where they can relax and spend quality time with their child.

I've litigated personal injury cases (plaintiff's side and ID), business disputes, commercial debt, consumer debt, fraud, civil rights, contested foreclosure, real estate disputes, and landlord-tenant cases.For the past year and a half, I have been spending most of my time digging into small business acquisitions.

If things go wrong, you have no protection.

It’s simple, people who spend good money on the home of their dreams don’t want STR’s next door to them.  

I would have advised you against an LLC, most likely, contingent on your attorney's legal protection concerns.This is assuming that by "we" you meant your spouse.

He can spend the next few years-ish getting a finance degree through an online school while working part time, but he just got offered a full time position helping with sales for a local wholesale real estate company. 

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

That makes your bookkeeping easier, and it can also provide liability protection if you hold title in an LLC.