I just think that letting your tenant manage your Airbnb in the casita sounds like a scary proposition. 

@Jack Zhuang very interesting proposition.

It would be a cash-flow proposition vs. the "appreciation" proposition we are currently in.

If I were to go up to a property, is there any legal way I can make them a proposition? 

But original proposition was to take 4% of assets raised and treat it as LP capital, as I’d be rolling my otherwise cash compensation into the deal.

Transition from the POH model to TOH model correctly is a labor and skill intensive proposition.

This means knowing the local market and what buyers in that market are looking for and positioning the value proposition of their listing to match. 

Pretty solid value proposition.

Some people are using this recent blip as a buying opportunity, but it's still a risky proposition in my mind until we see how the spring turns out. 

Nobody can predict when and how the market cycle will drop, but leveraging yourself up that much with minimal/no cash reserves and no REI experience at a time when the market is already very heated is a risky proposition and one you might want to consider building in a little safety net before jumping in.