Specifically on whether the high interest rates will lead to an increase in mortgage delinquency rates similar to what we saw during the 2008 great financial crisis.I plotted the chart below (Figure 1) to compare Fed Funds rate to unemployment rate and mortgage delinquency rate. 

Do you have any specific term that you recommend to put on?

Okay...Yes, infact this is specifically what we look for when buying investment properties... undermarket rent.

Gas, fast food, etc.   

Are you looking for a closing attorney or something specific?

This strategy provides flexibility and can be used to control a property with minimal upfront costs.Before diving into any specific strategy, it's crucial to thoroughly research and understand the local market, regulations, and potential risks associated with each approach.

I have several questions to answer before writing a proposal and would greatly appreciate any advice whether broad or specific:-What are the advantages of a partnership with a pre-determined percentage of profits shared VS a personal loan with a fixed interest rate?

I'd work with a lender to get your credit up so you can qualify for a conventional loan. are there any specific type of lenders i should work with to get my credit up?

Are you looking specifically for a licensed property manager, or are you looking for someone to host your STR and handle the day-to-day operations while you make passive income? 

I recently had a client buy a restaurant building, the seller had purchased the building, spent a good chunk of change fixing it up, and then promptly went out of business b/c the food they were looking to 'supply' wasn't in 'demand' in that market (a restaurant's 'market' is the local area, a destination resort's market is obviously "the country" or "the world," so I think part of it is automatically solved in your case).