We'd be looking for a smaller cottage, preferably not too far from a large body of water, ideally sub $200k.  

Their incentives are vastly different than yours -- they want  a warm body, you want a great tenant.

Shampoo, condition, body wash, hand soap, coffee, creamer, toilet paper, paper towels, laundry and dish detergent, copious amounts of sheets, pillow cases, blankets, etc.Nearly every Airbnb host I have talked to has lost money on cleaning fees, so there is another expense.  

Starting my day by pushing my mind and body to their limits sets a tone for the day and makes me feel like the hardest part of the day is over. 

I started REI about 3 years ago now. I've gone from nothing to doing 13 deals. A mix of BRRR and flipping SFH and duplexes. I am now at the point where i've got around 200K capital saved up from those deals. I read Da...

Scanning MLS.Action plan:          Post an update in BP forums (this is it).                            

What kind of deal(s) can you find?

Some people do it the other way around, spending 20 minutes picking from the menu, then take the warm body that comes along as a tenant. 

If  2 x 4's can be framed in to where the drop ceiling was attaching to joists then you are maybe ok.  

The main challenge has been dealing with the state and other governing bodies in regards to the water well and sewer treatment plant.