I’d love to hear your thoughts and any advice you might have.

I’d be happy to help however I can!

I understand the concept insofar as if I'd purchased the property, the basis would be what I'd paid it.

@Fabio Cattolicoit's a great question to ask - i think you're thinking about starting investing the right way - but i'd never presume to tell you where to live.i am sure there are many cities in the US where you could be successful. 

I'd love to find some other people who are currently invested with Fairway America and - ideally - in this exact investment.Thanks,Matt BrownFairway has put out a ton of deals in a variety of real estate asset classes and strategies.

I would imagine that the hotel marks up their rates to use airbnb a little to offset their service fees, so the net is pretty close to what you would expect.

But my solution in your case would be to frame out a dividing wall of 2x4s and either drywall or if the basement is prone to taking on water then I’d look for something waterproof as opposed to the drywall.

Astonishingly, I'd argue that the luxury Oregon Coast Real Estate market is still a bit under the radar. 

I'd like to get weekly updates if we have a vacancy or ongoing issue. 

I'd be happy to get on a call and discuss more about this market to get you a better idea of what to expect from AZ.