Hey @Megan OConnor, I can't comment on the area specifically but it is doable.You need to search AirBNB and VRBO to get a look at the competition (don't forget to look at VRBO)You have to work into your plans the downturn during the off season.

I don't trust them and it so much more reliable to take a few minutes and look at your real competition to set pricing. 

While it was a scary jump at first, we quickly realized this space is actually less competitive.

Competition remains strong but it doesn't mean your goal is impossible to reach.

Pretend to be a renter and shop the competition.

Because I'm not an accountant or versed in tax code and law wouldn't I want a CPA to ensure everything is legally tight and as advantageous as it can be? 

@Chris Mahoo, rule one of investing: if the investment only makes sense because of the "tax advantages" it is NOT a good investment.  

Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.

Bear in mind, you're not investing in a retirement account to take advantage of tax deductions, as there are no taxes.   

However, it’s important to price competitively and be prepared for buyers to request concessions.