@Sanjeev Advani I’m not saying they’re all like this but since Circle K bought 3 local convenience stores they have never been able to staff them properly or maintain employees.

Your partners become your advocates, your network grows naturally, and your opportunities multiply.As you keep scaling up, think about how to maintain those personal touches.

I don't want to maintain them.

I'd consider doing some kind of cash out refi on the property at a number you're both comfortable pulling out, while still leaving $ for reserves to maintain the STR you currently have.

To me, if you aren't at least maintaining 0 cash flow, you're betting too much on appreciation to the investment work. 

You need to properly maintain all this structure or it just gives a false sense of security.Secondly, why all cash? 

Work with a CPA for tax strategies, leverage each partner's strengths, and keep communication open while maintaining detailed records and hiring professionals to streamline operations.Good luck!

I don’t think well maintained, well run properties that have rents at or close to market value should ever be that difficult to sell.

High occupancy isn't sexy, but that's what a good property manager will achieve, plus it's much easier to maintain a property with the tenant's money than the owner's money. 

To thrive in real estate investing, you must maintain a firm grip on your finances.