I’m not looking for cash flow per se, but I’d like for the investment to justify taking out of my professionally managed stock portfolio which did 20% this year. 

Many investors aim to jump straight into turnkey properties or multifamily deals to scale quickly, but the truth is that most people don’t have enough liquid capital to maintain consistent growth this way.

I personally own/live in a historic home and I can promise you this: it will cost you more - a lot more - to renovate and maintain the property. 

Some areas of cities have older stock.

Without complete financials up to that point, extra work (and headache) will be required to get everything straight after years of failure to keep complete financials.There also might be an asset protection wrinkle by not maintaining complete books for an LLC, but I won't comment on that as I'm not an attorney.

Originally posted by Account Closed:Many years ago, I bought and hold the stock Enron until it bankrupt and became zero dollars ($0.00)...  

While the lease will most likely include maintaining the units themselves, these organizations are not going to manage it anywhere close to what you could and should do.

You can't even change a lightbulb.You or your family can't use or live in the property.You can't sell a portion of a property like you can sell portions of stocks, bonds, mutual funds, etc.

Ensure the STR’s projected income comfortably covers new debt, even with conservative occupancy rates, and maintain reserves for market changes or vacancies.

Quick question, is there a stock symbol that tracks the daily 30 year fixed mortgage rate?