I'll be honest that I've learned more from Josh, Brandon and the guests in the past few weeks than I have anywhere else in the past few years. 

Contrary to the multiple internet gurus or guest REIA speakers that sing the vestibule of virtues offered by this rudimentary of legal tools, the land trust is simply and nothing more than a title holding vehicle.

No, this isn't negotiable, it's right from where all the money comes from, and the Golden Rule found in my bible states clearly that She Who Has The Gold Makes The Rules. 

Apparently a developer sold a few condos in that building before the hotel bought it and took over/.The condos are priced in the 100-130k range with high $1,200/mo HOA fees, but you're allowed to have the hotel put guests in there when you're not there.

Real estate typically held in LLCs since they have relatively strong asset protection, ease of transferability, and default to flow-through status for tax purposes, which can be more favorable for real estate investing.Corporations, have ease of transferability, but taxation is generally less favorable.

Or maybe invest it in something like gold as a hedge.  

It’s important that you voice your opinion about this tax and its potential effect on you personally, your guests, and the Cape and Islands vacation industry overall.

I am still looking but I was listening to the BP podcast and I heard one of the guests say to ask someone that is already doing deals to work with them.  

@Marty Gold I would think you'd want to put more than $400/year aside for cap-ex but that's just me.  

Vacation rental properties are very management intensive, have much higher maintenance and cleaning costs, advertising and marketing, ongoing guest interaction and issue resolution, and property management fees are much higher if you are not doing it yourself (doing it yourself would be more difficult if done from Tacoma).