In case of foreclosure a Judicial foreclosure is required. 12 months seasoning is required for seller to get 75% credit for note income.

Furthermore, I'll happily introduce you to STR management companies in Atlanta if you're interested, but as we all know, this will cut your monthly income. 

I’m thinking my split on a 20% fee of owner’s STR rental income would be 75% + a finder’s fee for new clients of $1000 or 1% of first year’s 20% rental fee (whichever is greater) + 90% of the $1500 listing setup fee which covers all the work of creating the listing, coordinating the photography, on-boarding to channel management and dynamic pricing software + referral fees on rental properties that go to list.

How does a rental income of 1% of the purchase price equate to the property being a good investment? 

Syndication offers several benefits, including diversification, access to professional management, the ability to passively invest and the opportunity to participate in larger deals with potentially higher returns.That said, it's crucial for investors to conduct thorough due diligence, carefully evaluate the track record and reputation of syndicators, and assess the risk-return profile of each investment opportunity.

I have seen many rent a broker.. you can do that to get started while your working on your own brokers license. this is usually someone retired or semi retired that wants some extra income.

., Income minus expenses equals bottom line per building, unit, property.Then you will set them up again, but this time in the Customer Center as a Customer.  

It seems like we would be paying decently more even with the rental income than we would be just renting an apartment.

The long term goal is passive income, but we are willing to wait 10-20 years to get there.

Basic your business model on short-term rental income is risky in that, over the 30 years, regulations can and do change (not to mention oversaturation resulting from the high interest rates pushing investors to rent short-term to try to get any sort of cash flow).We have the same situation in Canada (less the 30-year mortgages) and that's one of the main reasons, aside from profitability, why I invest overseas like in places like Mexico where there is unlikely to be regulations anytime soon, neither at the governmental nor at the HOA level.