What made you interested in investing in this type of deal?

Total monthly cashflow is $4900 What made you interested in investing in this type of deal?

This post that you made is literally just asking to get scammed.

With an STR you won't be in the property management business but will be in the customer service business.Expenses are higher and little things that don't matter with an LTR will matter a ton with an STR.My advise is to read as many books as you can and read thru this forum.Due to the explosive growth of STR in many markets it is a ton more competitive than a couple years ago.

Purchase price: $1,360,000 Cash invested: $500,000 What made you interested in investing in this type of deal?

I made it clear on the phone what the terms are in order to move in, first month's rent + 2 months deposit (among other things). 

Many years later, I would realize that, even though I made very little profit during this phase of my investment career, I was still extremely fortunate.

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

@Waleep Alvi all good points made by @Tanner Sherman @Bjorn Ahlblad and @Sharlene Mulchandani.