I'll be interested in how they make the Experience "exclusive" to Airbnb as that seems like a terrible business model for the people hosting the Experience unless ABB cuts a check for them.IMO it is also a branding play to differentiate from VRBO, Booking, hotels etc.

But that only comes into play if you sell the property later and don't 1031...so if that isn't the plan then I wouldn't worry about it now.At the end of the day you never pay more in taxes than you make in income.

You do have to play the markets in terms of States/Neighborhoods.

Yes it helps but there are other factors that play a lot more into it

Detroit is not a market to play around in without a professional on your side.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

All of the risks of "subject to" then come into play (with a "wrap"); read this thread:http://www.biggerpockets.com/forums/83/topics/86029-subject-2-protection-from-calling-mortgage-due

I get that this is probably a post to engage in conversations.... but I will play this game.

Thus it becomes a "location" question, is yours visible and accessible.These National companies are playing the Average of numbers game. 

It's a long-term appreciation play usually.

Do market conditions, taxes, or potential rental income play a big role for you?