There's a variation of an LLC that is acceptable in all states, but it's up to the investor to make sure their structure is accepted and won't interfere with their ability to operate their business in the state where they invest.I otherwise agree with every point you make.

There are lots of resources out there to help with SEO if you do a search for Vacation Rental SEO or some variation of that.

I speak with many investors interested in Turnkey investing, and by and far, the ones who are the most successful, no matter how they define success, are the ones who follow those above five rules or their variation of those five.

There are a lot of variations on what companies do.

MHP have one of the largest variations in a tenant profile that is NOT reflected in cap rates like the traditional apartment market.

Basically, bring solutions for them, versus just money.We just, did 3 offer variations on a piece of land, all rejected. 

(f) In accordance with Code § 704(c)(1)(A) and Treasury Regulations § 1.704‑1(b)(2)(i), (iv), if a Member contributes property with a fair market value that differs from its adjusted basis at the time of contribution, income, gain, loss, and deductions for the property shall, solely for federal income tax purposes, be allocated among the Members so as to take account of any variation between the adjusted basis of the property to the Limited Liability Company and its fair market value at the time of contribution.

. ;-) No case is cut and dry and "variations of the event and circumstances" are introduced for leverage and control and you don't know the full story until discovery.

Or maybe it's more market-to-market variations? 

For one, the term bad areas has so many variations for so many people.