There is no perfect structure. 

Your biggest issue is simply finding inventor.

Have all parties initial the section lined through to show they agree to the change.Also, line 3 says the late fee only applies to "Periodic Rent" which shoots you in the foot because there's no provision allowing you to charge late fees on the other charges.Where did you get this form?

At the root of the "game", there are no tips and tricks.

Have the permit in hand, the building erected quote, banker says no downpayment needed since it is tied to an existing project that is very LTV favorable.   

I have no ideal how NC works or their due diligence fee works.

The fun part with Ohio is that half of the municipalities require it, and the other half don't, and there's no real consistency to it.

@Ryan Cleary I tend to agree with your thoughts - the ease of management/no maintenance was why I was looking into the 3bed+ luxury condo market.I would prefer to get a STR in an area that we like to vacation a few times a year, using the revenue to subsidize the cost of ownership (which is why appreciation potential is more important to me than monthly cash flow).Finding a newer luxury home that is walking distance to a nice beach in my price range has been challenging.

Now this one will be super hard to distribute, so I'd probably keep it under one unit, the biggest one.

Unfortunately, in this industry, there are plenty of people selling “secrets” for a pretty penny, when, in reality, there are no secrets.