If interested, I'm putting some details together for newer investors and for agents who want to serve investors / new agents in general, but definitely investor focused agent is the 'flavor'. 

If the contractor/partner is bringing in capital to the deal, you may want to consider a structure where he/she plays two distinct roles. 

There are two distinct differences in insurance policies while home is vacant and being rehabbed. 

That makes a lot of sense for the different types of distinctions and figuring out how to talk to each. 

@Nicole LockwoodNo real distinction between buying an STR property and just ... buying a property in general.

But before you rush your decision, you need to realize one critical distinction: treating this transaction as a business allows you to deduct all business expenses against this income.

Stocks and real estate have distinct risk profiles, so the choice you choose should be based on how comfortable you are with risk.Diversification: Take into account how crucial it is for your entire portfolio to be diverse.

If your net worth starts climbing over few million, it's wise to think about adding some offshore flavor to your strategy.

When people have mentioned that in this thread they failed to make the distinction that the appraisal only "sticks" if the new buyer is getting an FHA loan also. 

So, a distinction that is not really being addressed here, though it has been mentioned several times:  Is this eQRP a good tool for people who have employees and also want a self-directed 401k?