Well, like most things in this business, it is not really that simple. 

I'd be happy to connect to discuss your business plan.

If I do buy it I’m planning to use my business LOC for renovations or possibly getting a hard money loan.

You will always need the OTAs to help you build and refresh your email list but over time the dependency will shrink and you’ll create a solid independent direct booking business.

@Chad CutshallI can't answer for them, but their website doesn't indicate that buying/reselling notes is part of their business model.

I’m really miserable at my job and I’ve been wanting to start a business in wholesale real estate.

From my research I found that the LLC they’re claiming is not registered on sun biz, their Facebook page reviews are all robots and when I went over to their office stated on their website, I was told that there’s no such company doing business at that location. 

The moment people sign a lease and move in it becomes a business.

As tax CPAs and EAs we're less than 3 weeks away from a major statutory deadline, so we're pretty busy to say the least.If the convo can wait until post 10/15 (i.e. you're looking for help for the 2018 tax year), I'm sure most on your list would be fine with a 15-30 minute phone chat in late October/early November to determine if there's a good fit.

The renters will contract with and pay rent to the management company (not to us).I would like to protect the property and my personal assets from any legal risk from renters.if we use an LLC to manage that risk…1) Does our property need to be in an LLC or can it remain outside somehow2) What role is the LLC business performing (is it also considered a property management business and thus require a real estate business license in some states)?