Most people are just happy if their hand doesn't break through the sheet.

. - not recommended if you flip properties: no correct as in you are not even allowed to depreciate flipCost segregation accelerates depreciation by breaking down a property into components with shorter depreciation periods, significantly reducing taxable income in the early years.

I've communicated with other agents in Nevada that provided me data with median rents, cap rates, how much I would need to put down to get it to "cash flow/break even" with higher interest rates, etc.

I'm in your market (4 Corners) and we've got Thanksgiving & the Christmas/New Years weeks booked but a big gap in between them, whereas we're usually filled up from the beginning of November on.

People even break leases all the time.The lady could decide to manage her self, she could get hit by a bus and her Heirs realize the STR person is making too much money off their property.

If $50 is make or break for your real estate investing, you are in for a wild ride. :-) 

When you are living in a property owned by the LLC you are mixing those things giving anyone who sues you a good case to "break the corporate veil" and sue you personally thereby negating any protection the LLC was offering you. 4.

the key will be breaking the Broker code its one thing for Brian to get a look at good deals its another for the average investors 

Some break-even which I also consider a failure.

if you go about the process correctly, you can break free without liability.