That sounds like a great and profitable project.

I have had the property listed for about a week now, and I have generated decent interest with utilities included. 

(minimum/maximum nights, pets, etc.)What kind of rental income does this unit generate?

You can generate leads that nobody knows about because you marketed directly to them.

One may generate a lis pendens but, that lien gets cleared once the debt is paid.

There are some great names out there, but a lot of them are "profit centers" that fee you to death, and can make you pay for everything.

I'm looking at this strictly as a business and am looking to make as much profit as possible, obviously.Any insight on great upcoming areas, or any advice on when or how to do this PROPERLY, would be so appreciative.Thank you!

Try looking at:The Best Types of Markets for Profitable Turnkey PropertiesandWhat to Ask When Working With a Turnkey Provider

But I think if I can get it for the right price that it could be very profitable.

How do you split profits if you dissolve it?