After 8 years or so, you've got three or four properties and the world opens up to you at that point. 

So many hosts waste their prime real estate with Airbnb (the listing title) on generic adjectives and throwaway opinions. If you want more clicks, get straight to the features that matter most to your guests. That mea...

Hey Brandon, Some would require some reserves, or at least to show cash to close on any new deal.Are you anticipating opening up a HELOC on your primary to get the cash needed to close? 

In addition, you would need enough working capital to pay for insurance (which will be going up a LOT in Los Angeles) and to pay for property taxes.Don't buy this unless you have substantial resources and a cash cushion to keep yourself safe.

I am in the Tampa bay area now but grew up in Kentucky and travelled to Indy many times!! 

Too bad you can't buy something owner-occupied, put 5% down with the best interest rate, live in it for 12 months (and fix it up), rent it out and repeat the cycle.Here's some other info you might find useful:----------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

We are in Sub-markets, which have led us to having a very small general contracting pool and can't find any contractors to keep up with demand.

you are in the right place for learning . every day read as much as you can and soak up all the invaluable knowledge here on these posts .

What did you end up doing? 

It ended up a beautiful property.