I am really looking for general areas, prices and types of lodging in order to get a more precise idea on what we should focus on when we come to buy next year.

Perfect  and very precise answer David.

Sounds like you are representing the landlord, but the tenant pays for the placement.

And prepare a property operating agreements and private placement memorandum.

I'm not sure which site did it, but I got a few phone calls from placement companies offering to list my rental on their site for free.

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.

This works OK for relatively static and simple investments like a private placement or crowdfund, but can become rather cumbersome and expensive with a more time sensitive and transaction intensive asset such as a rental property.

In your management contract, address management fee, renewal fee, placement fee, maintenance costs, minimum account balances required, payment methods, etc...Good luck!

On the one hand, you'll have the rehab and tenant placement done for you, but you will pay a higher price than you would for a home you purchase, rehab and lease out yourself.Hope this helps!

You have to be very precise and look at the data because a lot of it throws you off (attic top floor space rented as ASF that you cannot stand in, improved basement space, etc).