AirBNB as a first Investment Property?

[Lorenzo Prieto]

Good afternoon from Colorado! I've worked as a mortgage processor for about 2 years but still have a ton of learning to do! I'm looking to make my first investment in real estate this year. I've analyzed quite a few deals in my local area with the Rental Property Calculator and have not been able to find one that would generate positive cash flow without decreasing the purchase price by 40k plus. I'm wondering if my area (weld county) is just very high priced and would it be a good idea to look into purchasing an AirBNB rental property near the mountains somewhere? I understand I may need 20% down which presents another issue, but I have some ideas for fundraising for the 20% down.