Air Bnb Business in Venice, CA

[Samantha Paparo]

Hi my name is Samantha Paparo and I am new to this site today.  I am an online coach full time and I live in Marina Del Rey, California.  I watched my dad growing up generate millions of dollars through real estate, but I never developed the knowledge he did.  I want to learn and grow through this platform and hopefully get the chance to meet others doing the same thing in my area. I am currently have been subletting, I am in 3 leases total and rent out the other 2 through air bnb.  The profit margins are amazing here in Venice, CA and I want to be able to own my own building about 4 units and do air bnb out of it.  I have been running these ones for over a year but I want to have my own building.  If the property is around $1.5 million, would I need to put down 7% or more? Has anyone done or do air bnb currently?  What could be the next steps if I want to move towards this?