I have a lot of experience with Short STRs term rentals in the Clearwater, Tampa and St Pete areas. 

Share your experiences!

Whether is taking his "course", paying for the self written articles about his success or aka writing "puff pieces", buying fake Instagram followers, sitting on FB marketplace trying to get someone to pay for a house they don't know is condemnable and pay to have DJ remodel it and DJ never completing the remodel,  him spending an enormous time defending himself in small claims court, and threatening charges on  people that don't know law so they pay what he wants.All of those examples came from either my observation, experience, or other peoples reviews of him.The guy rented me a condemnable property.

@Bob Asadis this an actual property, or just a thought experiment?

Flipping need a good experience.

Read up on recent syndicator results here (paused distributions, captial calls, lost principal) before altering course.

IMPOSSSIBLE to answer, Also you have zero experience , but are doing an 800k deal, HMM 

From what I've read, it would be a maximum of 25%, which still would be better than income tax. 

Feel free to share your experiences and insights as I am eager to hear from those actively involved in the market.  

So maybe you are "paying" for the PASSIVE experience with delays and changes that take you for a loop.