Almost any business you look at has its own gurus and scammers.

Let me know if you have more questions or would like the steps described in more detail. 

It would help if you describe the tasks you want accomplished, then we can address how we handle those responsibilities.

The timeline you described shouldnt have any issues.

Our goal is to have a small but mighty portfolio, much like Chad Carson’s model he describes in his book and podcast.

We work 95% with investors so our business model is a bit different as many of our clients are repeat business. 

It'd be overkill for many small businesses to pay for a lot of horsepower.

Also, here's a great article that describes the REPS status:https://www.aicpa-cima.com/resources/article/tax-rules-for-r...And another for the passive activity loss limitation that other mentioned:https://www.irs.gov/publications/p925

I don't think that I'd personally trade that in for STR or multi family, the hassle of people is much more than dealing with the hassle of a warehouse business at least in my mind.but if the cash gets your overall portfolio to a place you'd prefer more then go for it, but personally the current deal sounds awesome.  

Alas, this scenario didn't last very long, as you would expect in a free market capitalist society -- new money flood in, more STRs in supply, property prices increase, STR incomes decrease, until a new equilibrium is achieved.Nowadays, the word STR is being used to describe both the property and the business.