With less experienced or just poor planning operators, it isn't uncommon that they spend years distributing all the cash out to the owners, and then the time comes for a multi million dollar refresh to maintain the hotel brand, and no one wants to cough up the money back into the entity.

The calculator estimates that operating expenses are equal to 50% of the monthly income.  50% is a rough guide. 

The website works to connect STR owner/operators with reputable cleaners in the area you're located.

According to the current and official Dressbarnwebsite, “REV” is the owner of Dressbarn: “Dressbarn is an online retailer linked to a former chain of women's clothing stores owned and operated from 1962 until 2019.

While it eats into cash flow, it prevents costly mistakes and keeps operations smooth.

Any pros/cons on either or any other operator suggestions would be greatly appreciated. 

And Sec8 sounds great, but comes with it's own issues.Add it all up you get a low dollar, but high headache strategy, which is a challenge that gets amplified, especially when you are operating remote.

Quote from @Paul Azad Azad: Great webinar/format, please keep it up.If Monday is GP and operating the property, who is RSN?

To structure a partnership, consider forming an LLC where you handle property management, renovations, and operations, while the investor provides the down payment.

You're talking about programs generally run by the government as the operator of last resort because no one else can make enough money to make it make sense.