Properties with unique attributes are magnets for business.

Lets assume a 760 middle credit score with 15% down, so 85% LTV for the first mortgage:  You would have 1.0 adjuster in the purchase  money graph and then 4.125 on the additional LLPA by attribute for investment property.

Actually, I did attribute the coaching fees over 6 month period and thought it's fair for someone like me with no experience in STR at all to start off and have the resources, design, coach, mentor all under one roof to give it a good shot. 

(d) Items of Limited Liability Company loss, deduction, and expenditures described in Code § 705(a)(2)(B) which are attributable to any nonrecourse debt of the Limited Liability Company and are characterized as partner (Member) nonrecourse deductions under Treasury Regulations § 1.704‑2(i) shall be allocated to the Members' capital accounts in accordance with Treasury Regulations § 1.704‑2(i).

Market participants attributed the gains to technical positioning and broader risk sentiment, as equities hovered near all-time highs and mortgage-backed securities (MBS) traded in line with Treasuries.

I think a lot of its fame can be attributed to MTV for broadcasting it as a popular spring break destination.  

This ensures that expenses can be easily attributed to the correct property.

I partially attribute this to the gurus and wannabe GP's who lie about their true real estate holdings.

Appreciate any honest insights.I’m not going to get into the math here; other posters have covered how they personally view ROI, profit, cash flow etc.What I will tell you is that the number one attribute I’ve seen in SUCCESSFUL “active” investors is that they LOVE the real estate industry, the process, the “deal”.  

Any potential gains attributable to real estate that are mentioned are gross and do not include taxes, fees or charges.