Just something to think about.

The floor guy suggested me using luxury vinyl (I think also called SPC) for all these areas. 

However, I usually recommend adding a third entity to the structure, a so-called management entity ("Management Co"), an entity I think is often overlooked amongst investors. 

IRS will think you are just pocketing the money and you will get an audit.IRS Audits aren't random. 

But I think you will find that it does not work in many markets right now.

I think Henry did a great job summarizing it.

Just keep in mind that what you think is unacceptable is irrelevant: it’s a question of what your jurisdiction allows.

I do think it has helped bookings, because I've gotten summer bookings much farther in advance, some 6-8 months in advance.  

Buying and holdingFix-and-flipWholesalingOther (please specify)Can’t wait to see what you all think!

We are thinking that a Hipcamp would do very well because there aren't any good ones locally and we've already had success with short term rentals.The land is $125,000 and we don't have the financial ability to purchase it or do a down payment right now.