To make it feasible, research Oklahoma City and Atlanta markets, partner with locals, evaluate personal finances, start small, and educate yourself on real estate investing.Good luck!

I would also advocate for looking at investment opportunities outside of STR so that you can get a solid understanding of the advantages and disadvantages.  

Great to see a fellow KC Person here!

Me personally, I wouldn’t wait.

On a DSCR refinance, you can hold title in an LLC, however a person will need to be on the loan (not an entity). 

Your name would not go on anything, just need someone to review and advise on best course(s) of action.Also, not sure if there are nuances with California but experience with that state would be a plus as a noticed this: https://www.ftb.ca.gov/file/personal/reporting-like-kind-exc...Thx!

One sale can be worth 10-20 leases or more, personally I would rather work really hard to sell a few properties if I was just getting started.

One person may take the “it adds perceived value”approach, while the other is cost conscious.  

But, naive instagram followers sometimes send hundreds of millions in cumulative investment dollars to these social media personalities, allowing them to buy their beach/mountain homes just with the acquisition fees. 3) Ability to make lopsided bets that can't result in losses for the syndicator (only their LPs): Because of the naivete of their investors and lopsided power dynamic, the syndicator can pursue strategies that give them the ability to make lopsided bets that ensure generational wealth for their family (their LP investors take all the risk). 

This is a riskier proposition than acquiring a stabilized asset with solid financing.