He was considering a Home Depot shed to live in out back and then we found a suitable garage conversion. 

I didn't do an exhaustive search, so this location is just an example.I'm considering either Reno or Las Vegas, but Las Vegas looks like a better location for this, since it has more direct flights to other international airports, and has more visitors to generate STR income.

In my area the margins on flips are shrinking but the volume of would be flippers is increasing, this is simply because the overly optimistic investor isn't requiring an appropriate risk premium, this drives out a lot of the "smart money" and pushes them into more sophisticated, complex, and less inundated areas of RE in which margins are still suitably fat.The last thing ill mention is that a lot of the high debt/leverage people are on this thread defending their positions.  

I don’t live in the USA all the time (< 1 month last year), so coordinating non-trivial refurb may be awkward, not sure my old handymen etc are going to be available (or suitable) so perhaps something a little more turn key is suitable.

Also...in example, spending $20 to put your logo on a pair of $60 pants - even if you get the tax deduction, you likely would have had more money in your pocket to just wear normal pants without a logo.As noted - clothing should not be suitable for everyday wear in order to be a tax deduction. 

I wouldn't recommend paying for marketing services quite yet, as the site isn't likely to convert visitors to leads. 

Lied to the wife about visitors and got her to spend a weekend removing all the kitchen cabinets, sanded and resealed all of them (probably my best trick since we married).

Should you have any questions about joining or wish to attend a meeting to gauge its suitability for your interests, please don't hesitate to reach out.

For example investment advice like CRE or OOS is not suitable for every investor.

How do you screen potential guests to ensure they are suitable for the property?