Before you venture into hiring a property management company though, verify with your municipality if short term rentals are allowed and what the licensing requirements are to get started if you haven't already.

Your part as the investor is to orchestrate these people and the property into a profitable venture.

Founded by Gary Beasley and Gregor Watson in 2015, Roofstock gets its funding from Bain Capital, Ron Conway, Khosla Ventures, Marc Benioff, and various other investment companies.https://www.crunchbase.com/organization/roofstock#...

Best of luck in your business ventures.

I decided to venture out on my own and I was fortunate enough to get a shot with an investor.

If we go into a joint venture and have no money but bring in the deal, and want to get paid at the end but this time we are more involved and oversee the project of the house getting rehabbed how much should we get here what is the formula once again, example would be helpful...thanks guys

And many years, and many business ventures later, I still have her to thank.

I realize this would be a risky venture.

If many of you young people (like most) are not thinking about your retirement because, well thats a hella long way off, you might want to look at the benefits of an EIUL because you can, after about 10 years or sooner, start taking loans (with interest) against the investment account portion and use that money to fund your Real-Estate ventures. 

If you had cash for the whole venture, I would definitely pursue it just cause it's a good area from what I can see.