You are a beginner in REI – so get started first, accumulate some equity, get some serious cashflow going, get some experience with managing real estate, figure out you want to do this long term…and then worry about how to layer an LLC cake.

He has 40 years experience with hundreds of these or 1000s over 40 years.

My investing experience has been in stocks, mutual funds.

That style is the best to capture a STR due to the wide-angle shots to give guests a feel for the home, and then also detail shots to give them a feel for what they could experience at the property. 

As far as your cashflow goes, you need to take into consideration a lot more than just the mortgage, insurance, and HOA.

Speaking from personal experience!

It doesn't seem like you have the experience to say that the deal is a winner.

I negotiate with these guys because most are flexible depending on your experience level and liquidity. 

Happy to connect and share from my experience.

It will likely look very good in 10 years, but if you stay with it and have more experience and contacts you will be able to make better purchases.