Last year, I put one up for sale in November and...nothing.

In fact, someone just called me last week and had a non-performing rental package that they purchased in the same fashion and the prices they bought at, considering the actual condition and historical performance of the properties was too high in my opinion. 

The property has done quite well and has appreciated nicely over the last couple of years as I’ve gone through and improved things unit by unit.

Airbnb offers $3M damage protection insurance (AirCover) if guests don't pay for the damages they cause, and $1M liability insurance if a guest gets hurt or their belongings are stolen.That being said, I too do not allow instant booking or most last-minute long-term bookings out of nowhere.

I chose the cabin based on comps from the last 6 months in my area. 

This will also help them last longer together as a pair in each unit.

While it's definitely doable here, our market has gotten pretty competitive over the last few years.

Ill give you a prime example. 46218 is a war zone by most investors stand point but guess what Zip had the most cash transactions over the last 3 years......46218!

Lastly, if you still decide syndications are appealing, get educated on how to vet the lead sponsor (including deep background checks), the market, and the deal itself (even though some concepts are similar, it is not the same as the single family long term rental analysis).

Unless you have a specific monthly target for your payment you can spread that out to make it a Win/Win.There has been a lot of growth in Denver over the last 2-3 years and new builds as well I just closed on a home for a customer in commerce city they also moved from CA and needed a fresh start.