Is this after tax or pre-tax & what type of tax treatment is this investment recieving? 

What type of sub-leasing will they be doing? 

When I am rehabing what type of insurance should I get?

I have seen it before with a few of my clients that they were able to utilize a Sec. 721/1031 transfer to move the assets into a REIT or other similar activity depending on the type of business.

(which appears to be what question you're actually wanting answered)*Insert generic "I'm not a lawyer, consult your own professionals" statement here*First, I have all tenants fill out a worksheet that indicates what type of animal it is, including generic information about the dog such as name, age, breed, and who does the dog assist (if not readily apparent and there will be multiple people residing in the house.)

I think that 25-30% is outrageous unless the company is doing an outstanding job increasing your occupancy rate compared to AirBnB, HomeAway/VRBO and other popular sites for properties in your area.

Virtually all cities will prohibit this type of thing.

If for example I'm creating a B class single family rental, I want to meet EVERY "expectation" tenants would have of a rental of that type.

What made you interested in investing in this type of deal?

I had a plumber go over to give me an estimate for converting a half bath to a full bath and he called me back claiming that the plumbing inspector wasn't going to allow him to tie into the type of pipes I have and I was going to have to re-pipe the whole house.