They say you are investing in land, but because you are paying $15k for maybe $1,500 in land, you are really investing in the business.If the business fails, you will probably not be able to sell the land -- it's an incredibly small piece of land that is too small to be individually farmed (and therefore tough to individually sell).Vet the business - that's what you are investing in.  

From what I can tell the fees per booking are high and they don't really cover much other than those extras if I don't like the actual combined utility of the calendar maintenance of airbnb and vrbo.  

If I flip a house and make a profit after 6 months, then buy a new property 3 months later, what taxes will I be obligated to pay?

Willing to extend benefit of the doubt to someone packing up shakers (not paying attention), and yes, all this is small beans and easily replaced.

I would recommend BackFlip, but you do pay a little more on fees. 

I even heard of a landlord being sued and losing and having to back pay all the rent payments. 

You can stack those up and pay the debt down 

You will pay about 30% in W-2 wages and the remainder as ordinary income. 

They have some of the most extensive fees because this way they can charge you fees but low points.You can expect to pay about 1,500 in closing cost fees: Legal, processing, underwriting.To get in a good loan, you would need some experience in real estate flipping/holding preferably in Houston and be 100k liquid and have credit 700+.You fill those three needs and I can help you for sure.

Im getting tired of paying on this mortgage, im ready to see some income.