Here's a revised response with a more structured format:---Hey JeffIt sounds like you’ve got a solid deal in the works, but I totally understand your concerns about the 5-year seller carry.

I have been reading the online resources about getting started, searching the market, and even doing tours, but I am hesitant to jump in and buy a house as I have quite a large amount of student debt.

The STR needs to be licensed with the city and can be rented out for a maximum of 180 days in STR format for a calendar year. 

The problem with averages is that a large number of high or low value properties can skew the figures either way.

Then clear a pool below a spring and rock formation. 

Quote from @Dena Sommers: I own a home that is too large to rent - no demand. 

@Kyle Carter People hit on the obvious, hype and excitement of a large name company like apple moving to an area. 

Most of the large lenders have affiliate programs and will teach you for free to represent them.

You could set up one LLC to own your 4 rental properties and quit-claim deed them over and that would be the maximum I'd do with respect to LLC formation.

Real Estate is a large asset class that has many different strategies inside of it.