Investing does need to be approached more like a business than just a simple stock trade.

keep it to 1 page is my best advice and simple. have financial returns broken out beforehand 

Either you messed up the numbers, which it’s a rather simple calc so I hope not.

BP has a book on Partnerships written by Ashley Kehr and Tony Robinson.On the technical side I would suggest partnering on a single flip which can be done with a simple JV agreement before jumping into creating an entity and crafting very good operating agreements.

From what I’ve heard, properties that emphasize tranquility.. like offering outdoor seating areas, fire pits, or even something as simple as a hammock.. tend to perform exceptionally well in remote settings.You’re spot on about STR policies in Johnson City versus Knoxville.

Tools like QuickBooks or even a simple spreadsheet can help you mentain compliance and prepare for audits.Reinvest WiselyScaling a short-term rental business often requires reinvestment in marketing, property upgrades, or even hiring help.

I feel like that sounds simple but in reality would hold up the leasing process for tenants that are not proactive. 

Additionally, properties with high monthly costs struggle to compete with fee-simple homes, affecting resale value.

You can usually find some events by doing a simple google search.

Even something as simple as utilizing ChatGPT to speed up certain processes such as asking for generalized information on a market's demographics and immigration patterns can be useful and save a lot of time.