You should reach out to @Melissa Haworth she can get the actual numbers/rents on STRs in the area to help run your comps.Each building is different, each area is different, it is important to find accurate data to make good decisions.

Red Flag #1 - Positioning: He doesn't mention anything about pricing or what his protege program is until you sign up for it, that in itself is a red flag, but the most important red flag here is the position you are put in when you sign up.

Being there and in that environment is more important than trying to wedge your way into a company that might not be hiring. 

Here's what's very important to understand: you still owe depreciation recapture tax on $100k, not on $70k!

I am 100% writing this post assuming that the intent of the article was to pay off your home quicker and "save" interest on primary residence.

I used CSV's to import data that I needed into RM.  

The breakeven math is very important and I think it also depends on your cash needs.

The LLC isn't the important part, it's the operating agreement- you should defintiely hire an excellent and local attorney to do that for you.

Although I've stressed the importance of reserves, he is comfortable with his system.

Most importantly, choose a market that aligns with your goals!