The people who succeed have a great team established first.

And while it might not be attractive to all real estate investors, I believe it can be a fantastic way to start to build experience, build profit/cash flow and establish yourself as a STR professional in your market and then use that to build a co-hosting/management business and work with investors that want to you use their knowledge and expertise to partner on projects.Point is, don't believe everything everyone says about what is "bad" and what is "good".

Quote from @Nathan Gesner: Quote from @Nathan Sherwood: Thanks and that makes sense (and is similar process to some of our other units)The issue is we would like documented verification that the tank has gone below the established threshold (ie 10%). 

The goal of an investor is usually to establish the start date as early as possible, not delay it.

Especially for MTR, I want to establish relationships with these companies to lock down my niche.

This is true even if you set up a business and establish a track record. 

Tech companies are continuously moving here and establishing a footprint in Columbus as well.

They're very well established so I feel pretty comfortable with the sponsor and their track record.

I also believe the income used for purposes of establishing my short terms gain tax rate is calculated as my income + the capital gains amount (also deemed to be income), which will push me up into another tax bracket.C.

Established developers with a history of successful projects are generally safer bets.