You buy the property in an Entity, you must have at least 3-6 months or reserves.

I'm guessing your source is talking about trying to get a bidding war going between cash buyers.....good luck.

Thank you guys, if there is any confusion let me know as I am trying my best to paint the full picture so the best advice can be had.

With all that competition, do you think it is still worth trying to invest in STRs in the area? 

They just talk and deflect and kick the can down the road with "we will for sure take care of this for you, I am here to help" before ultimately saying "there is nothing we can do about this".The funniest part of the VRBO support is the online chat, where they intentionally try to get you to time out of the chat. 

New construction, didn't really try to negotiate.

We are new to the idea of a rental and trying to gauge our ability to execute on it.  

You can try buying ten SFRs or buy a 50-plex - the work is almost the same - but the rewards are much bigger.

Yeah I agree, try a different title company because they are clearly not use to assignments.

What are you trying to figure out?