But we’re literally 10 minutes away from world class restaurants in the casinos.

More "sophisticated" investors will hold, flip, or wholesale depending on the nature of the deal. 

But if you build or lease out a property with little demand or a myriad of issues then you will have problems moving it and therein lies the heartache and possibly bankruptcy depending upon the gamble: Donald Trump with his casinos. 

Quote from @Bradley Buxton: @Dave MeyerRegardless if the numbers the stock market seems to be more of a VC casino than a wealth building strategy.  

Most investors have not much experience and have ability to do proper due diligence, but...some of the lead in those forum are so good (and way more sophisticated than BP) to do proper DD.Although however I found discussion for CRE that's merely generating 7% income and single digit IRR with high risk of default is going on for very very long time.

Allstate (captive) is not a good place to be if you need any sort of sophistication with your risk management

That is likely the least sophisticated investor you will meet.  

I think this is the gift and the curse of a still emerging asset class (short term rentals) - as it becomes more "institutional" i.e. more like commercial real estate with more sophisticated buyers then financials and systems for this will likely become more streamlined and stable, but we are still in a place where the buyer pools are more newish investors or typically residential basic investors, so not has experienced or sophisticated evaluating investments based on a detailed financial analysis like more seasoned commercial investors likely would.anyways, just a guess on what might be going on here

For other less sophisticated platforms like VRBO we have to use trust accounting. 

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