However that map also has to be taken with a grain of salt, since it is just applying a formula using median sales prices and rental prices and not looking at vacancy statistics or other economic factors associated with the area.

@Kalon Baker I have also been approached by people in Salt Lake City asking to sublease one of my units to Air bnb guests, and I know it's become somewhat common in some areas.I believe the term for this practice is "STR arbitrage".  

Now take my advice with a grain of salt for I am not a CPA or an attorney.

But I got one very bad bit of legal advice, so take any of the legal advice with a 2 ton mound of salt.

Salt Lake?

They were commuting there everyday from Salt Lake to work on it, so that's another thing to consider.   

Any executive worth his salt is always looking to increase revenue and profits.  

Any RE Attorney worth their salt should be familiar with JV Contracts - the percentages can be customized and agreed by each party.It's largely a matter of TRUST to decide the circumstances the property would be sold - or kept!

Hi Brian, I'm new to this so take it with a grain of salt: I would keep it/rent and then use it to obtain a HELOC or loan to then invest into another property.

Don’t miss the shovels and salt one bit...happy to help you with your search as I am a local Realtor.