The nice thing about timeshares is they won't be direct competition for your rental as they are limited to the pool of owners. 

For what it's worth, I do intend to sell rental properties one day (even the ones that are performing well) in order to pool resources for purchasing a larger property. 

He is currently paying $500/week/person to house his out of state crew in a nice hotel (the kind with a pool and breakfast). 

They will warn you that if you're pulling the permit because you're hiring an unlicensed contractor you will NOT be able to submit a claim to the state pool if your contractor walks / rips you off.  

This whole model involves a cryptocurrency backed by audited pool of real estate assets (your equity).Hopefully members far smarter than me can chime in on this.

We are catering to people who are not impacted by the economy, and who are used to spending whatever is necessary for the best product.Another approach is to see safety (staying power) in terms of expanding our audience to the largest possible pool, and finding the balance between good enough yet affordable enough.

That said, it’s really not in "that bad” of a neighborhood, as it’s right off a main road relatively close to a downtown area with a pretty large tenant pool. 

Also, are the investors funding the entire purchase and then refinancing out the large portion, or are you pooling investors just for the equity injection? 

Purchase price: $224,000 Cash invested: $45,000 Bought single family pool home for airbnb

The community has an indoor/outdoor pool and rec center.