Bottom line, they side with a scammers and for the "benefit" of being on their site, you get to waste more time than it's worth, dealing with their confusing set up.

A benefit of this setup is that VRBO still processes payments and handles the transaction.

. $150 cash flow on any rental especially a triplex is dangerzone imo. 1 month of vacancy of 1 unit could destroy a years worth of financial gains.  

Was able to gain some leverage prior to negotiating which resulting in a great outcome What was the outcome?

The benefit is significantly less red tape compared to working with your traditional local banks who also do new construction financing.

My name is William Taylor, I am extremely excited to be a Pro Member in the BiggerPockets community and ready to gain immense knowledge from all of the contributors.

As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market. 

Your sibling can use a 1031 exchange to defer capital gains taxes on the sale of the rental properties by reinvesting the proceeds into like-kind investment properties.

Real estate transactions, especially flips, come with specific tax implications such as the potential for dealer classification, short-term capital gains, and cost allocation for renovations, which can significantly impact your tax liability.

That's my biggest concern.But I should also look at the tax and long term benefits.