@Greg MooreI watched that video the other day too, Precession and Lag, he explains it in the simplest of terms.

Bank Loan: It’s true that banks typically look for steady income, but a large down payment (20-30%) and good credit could help strengthen your application.

I ask that pets stay off all furniture, are crated when/if left alone, and are cleaned up after inside (fur, if applicable) and outside (pet waste).

And I would probably look at the smaller houses where you can keep your unit costs down but still rent them at a higher price point relatively speaking. you are arguing one asset class. build a new hotel anywhere in America on any soil it's better than any apartment complex you can own. lower cost per sq ft than type 1 buildings and higher exit. we just ran into that and hotel is way better use after a rezoning application got declined for apartments. hotel is looking much better 

Ended up finding a lender that would approve our LLC's application and only use my business partner's credit history in July 2024.

Waiting for a solid applicant with decent credit and rental history has helped me find good tenants that do the right thing.  

I have watched some Youtubes and most operators say 3-4 bedrooms and 2 baths are ideal.

There are several types of fees on Airbnb specifically: -Airbnb service fee, cleaning fee, extra guest fee, pet fee, security deposit, VAT (if applicable), and local taxes. 

If you require applicants to submit to a credit/criminal background check, then that should be applied to everyone.

Agree with @Gorden Lopes - you will not find the 1% rule for A/B properties in Huntsville/Madison right now unless you score a unicorn of a deal, or put up an enormous down payment to force cash flow.Even C properties right now are not easily 1% rule applicable.