I see what the successful competition is doing and do that.I provide a great house, great location, great views and great amenities.

Let's not forget the liability piece that STR insurance provides in MUCH higher liability limits for incidents ON your property but also incidents off your property while your guests are staying there (like using a bike).

Providing nice affordable housing is so important!

Before diving into flips and STRs and investing in general, I would sit down and figure out what your skill sets are and where you can provide or bring value.

I can provide a lot of the infrastructure for the group but I need people to make this happen. 

But you're saving so much money that you can use a program that provides this service.

If u get the book BRRRR by Daniel Greene (can buy it on this website) he provides an amazing pdf presentation for investors u can use.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

(DO NOT DO THIS NOW) but the difference in production when I changed out the sofa, linens and provided exterior amenities was drastic.

It's very tough to find any cashflowing property right now with mortgage rates, so I'm not sure any new property would really provide more cashflow.