Unless you're on site and mechanically inclined I would stay away from it.  

Thank you for sharing! 

It is my training, and I will share it here for free that you need to set up a series LLC putting one property into each LLC and then a master LLC to own them all. $150 bux is not realistic my lawyers charge will be $3750 combined for all of the work.

I'm just telling him he's underutilizing his site by going one story and if he plans to exit he should plan around what an institutional level self storage purchaser will want. development is about exit or ability to exit and risk. in multifamily we build or try to build at least 150 units. not 40 or 60 or 80 there's no buyers.

Hi @Luke Carl - I didn't know all lenders offered vacation home loans, so I appreciate you sharing!

(yes, we should have done more diligence on her being a partner and not as a friend) We agreed that our share in the partnership will be based on the cash each contributed.

Up to this point I haven't shared with the homeowner the exact amount of money I stand to make on it -- only that I have options to profit off the sale.

Of course site specific details could change my take above, but based on what you shared you need to buy a SFR in the two allowable areas above in order to obtain a STR permit. 

Listing is placed on zillow.com and its affiliated sites plus I list property on apartments.com. 

While this isn't exactly "real estate," I wanted to see if anyone else is listing motorhomes/RVs/campers for rent on sites like Outdoorsy, and what your experiences have been.