The concept seems better than new construction in terms of project time, but I'm wondering about the cons to this idea with exception of price being an obvious one.In theory it seems scalable and efficient, in my mind acquiring the land suitable would be the hardest task.

, I've been saving and learning about all the different types of investment strategies.  

Are there any downsides to this idea?

The STR Loophole is very complex, but can save you thousands.- Did you materially participate?

Our cash flow is good, so I was thinking I'd get the line of credit to use for backup on these near term repairs that are less than $10k for what I can't cash flow or cover from savings.

Keep saving as much as you can.

If not, it should probably be in your state and be taxed as an S-Corp, to save you some money. 

If you are trying to do them yourself and continuously fall behind, it might be a good idea to look into hiring a bookkeeper.

That's not a bad idea.

You're just going to have to either commit to the idea that you're going to leave 80k behind, or leave it all be and raise new capital.Can you redeploy the capital elsewhere to earn more than 8%?