You need to think about your investment in terms of ROI (Return on investment).  

As to what this means in terms of equity split, reasonable minds can differ. 

I'm having a weird feeling due to the ease, the really good terms and the fact they aren't putting liens on the properties.

Let’s say you buy a property for STR in 2024 and take accelerated cost seg benefit.

Brendan,In banking terms you might be "Risked out" meaning too many mortgages which equal "Excessive Tradelines" and those two things equal high risk.

It seems like a great deal in the long term, but will be very difficult/expensive to make it cash flow for the first couple of years.  

He's seen a lot more deals and tracks them so you get the benefit of 1000s of LP reviews.What does he charge per OM/PPM?

Not sure how close you are in terms of proximity to the university but my Dad bought property near a university for over 30 years and eventually a developer came in and bought everyone out and added luxury student housing and shopping with a huge payday for all the owners who had bought many years before.

I'm hoping to find a management company that works with traveling Nurses that require short term rentals.  

Over the years I became more and more involved with some of those people and as an adult started taking them to lunch to "pick their brain" (Not my favorite term but you get the point).One of these Gentlemen I have continued to meet with and give him updates on my business.