All strategies can make a lot of money, but the key ingredients missing in the 1-4 family strategy that you have set out is that there is little no value add component and no large scale.

I have used booking.com previously, but now also Airbnb and soon including VRBO and FlipKey. what is the simplest way to find the total income, total fees, total commissions, etcetera  to prep the tax schedules/forms for these other OTAs for 2019 and beyond?

Hi Ephraim,In the simplest form, lets say you and your new business friend Bob think that a house over on 6th street would make a good rental, but it needs some work.It costs $100,000 and you guys intend to use a paid property manger.You and Bob agree to each put in $10,000 ($10k + $10k = $20k down payment) and split the loan fees equally for the 80% loan, and split the renovation cost equally to make it rentable.In this instance, it makes sense that both you and Bob are 50%/50% owners of the property and should each get 50% of the monthly profits (and or losses) and share any needed extra expenses incurred during ownership 50/50.Now if only one of you is going to put money into the deal and the other is going to provide sweat equity, depending on the amount of sweat equity needed that MAY determine the seat equity cut (but if the money partner wants a bigger percentage the sweat partner will have to decide if his efforts are worth what's left over).It's best to pay an attorney to help you figure out the wording of this.

Ideally you want to keep your capital as simple as possible. 100% financing for this would be the simplest and easiest.

I use a mobile app called OKUPIED, which I think is only available on the Apple Store, but compared to all other ones I have tried it is by far the simplest to use and their support is on point when you need something. 

@David ValladaresOne of the simplest things you can do when looking at listings is take a look at the pics assuming they are provided.

It's called "sideritis" in Greek, "ironwort" in English.So my wife wants me to make up a bunch of fake websites promoting ironwort as the end-all super-cure of coronavirus, mixed with oregano and a little bit of the secret ingredient, some Tylenol.

However,  the simplest move is to arrange with the daughter for you to take possession of the property and rent it out. 

That would be the cleanest simplest structure for a deal like this.

This thing we see acting out right in front of our faces answers the question "how do we collapse a private property ownership system and grow a socially accepted socialist property system", this is how, or more accurately said this is a perfect step 1 to create a scenario of financial harm that creates that event, the last ingredient is a "Gov.