Keep in mind long term stays will significantly reduce your page ranking on Airbnb unless you are actively updating the listing to keep it fresh as it won’t come up in search results since it’s booked.

Other risk-reducing factors—if the note is collateralized or includes features that reduce the element of investment risk, the note is less likely to be deemed a security.ericperkinslaw.com/when-does-a-private-business-loan-transaction-trigger-securities-lawsv/

My thought is choose a higher income, high quality tenant especially in CA and don't listen to any sob stories (not 100% foolproof but reduces the risk). 

This approach helps reduce your vacancy loss.Hope this helps.

Depending on the type of rental, you may be able to use 75% of the appraised rental income toward offsetting the monthly payment (reduces DTI).

Reduce the buyer pool to that extent and it has to negatively effect valuation.  

This takes a little more work, but it's the fairest and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.

Of course, any capital improvements you've put into the property would be added to that purchase price which may reduce your taxable gain.But returning to your question, assuming I understood it right, what you're suggesting should work. 

I contested it after that date last year and was able to get it reduced by sending them a few comps of properties in the area, but I would have gotten a larger reduction if I called earlier. 

Since this is a tougher sell to their targeted market, the number of mentoring programs and success of those selling $40k programs will be reduced dramatically.2.