@Anthony Bertolino @Jay HelmsTwo quick points:(1) the number of properties in an LLC is not the defining point, it is the amount of equity exposed that really care about.

John that is like looking into the Universe and asking which planet to go to.You have to define stabilized, vacant, or value add 50% occupied etc. property.

The other problem is that you're asking how much profit should be but are not defining how much the down payment would be.

I would be in an hours time you can get a lot of the answers you are looking for or able to define your direction best for you with. 

A term lease rarely defines when they need to move.

It can definately be used as a vacation rental, there are others in the complex being used as such. 

They would be better at defining the scope of work but in my experience they never or rarely see what things cost.

Tenant's duty to pay rent shall not terminate until all keys have been returned to Lessor.a) If this is a LEASE as defined in 1 above, Tenant must vacate the Property and surrender possession on the last day of the Lease term, or they will be liable under c. below.

sorry for my ignorance- can u define BP and REIA.

I think you should probably first define what your path of success looks like and then work backwards to reach that goal or to steer towards it.