I wouldn't recommend trying to do something like this right off the bat, I think you need to get into the game and really know what you are doing before taking on that level of risk.Happy to chat more over a phone call or direct message if you want more insights or have more specific questions!

Cleveland, Ohio is a great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!

I’m all done playing those games.    

I don’t mind having skin in the game either, but I know using private money is key to scaling one day and would like to get some experience with it now, even if it doesn’t fund a majority of the deal. 

I know many of us didn't get into this game until later in life so my hat's off to you.

To win the STR game, especially if you're a new entrant, the most important aspects are 1) Amenities2) Location3) Property type4) UniquenessAll are geared toward you standing out on Airbnb/VRBOHot tubs, fire pit, bowling alley, pools etc. or being in the best location in an area as well as being to host a large group are all things to help you win.

Cards and board games for older kids but they will all have tablets or phones unfortunately. 

He should have no out of pocket costs on the investment.   

Love to hear your getting in the game at 21!

So, in theory one could get a 2:1 leverage, earning the rewards on $2 for every $1 capital spent out of pocket.