On the Development risk side, I told her I would never put us into less than a breakeven deal potential.Development there are far too many moving parts even though our process control is broken down into bite sizes.  

That way, you’ll have control over the operation and might be able to squeeze in a few extra bookings to pad your numbers.

I talk with a lot of investors who are stuck when the HOA fee goes up and they no longer cashflow.With SFR you are in control and have many other exits.  

Typically, Wholesalers get a property under contract and then remarket the property while it's under control to investors looking to make their spread and then assign the contract and get out of the way.   

So, that is within your control.

Here's a map comparing income tax rates by state.Rent control: Never invest in any city that imposes significant limits on your ability to manage your own properties.

This is unfortunately the downside with hiring full-service property managers; you lose complete control of your unit and finances.

Later, I received an email from VRBO stating that they could not lift the restrictions if we could not prove a disaster and that the cabins had actually flooded.These folks are out of control.

Further, these “asset protection” methods are under constant creditor attack through the courts, meaning they are probably of benefit only a short period of time, UNLESS, true CONTROL of the asset is given up.  

I've been told both extremes by several different people, but that's crazy to hold the agent responsible when they're forcing this arbitrary rule just so they can go after agents and brokers for something they had zero control over.