You got only 4 bookings from Airbnb because your ranking is really low on Airbnb.

If you have a class C plus or maybe low B area, you can screen to select the best or top end of tenants in the program. 

They keep rent low, give gifts and homemade cookies for Christmas, make upgrades whenever the tenant requests,  accept all the late rent excuses, etc.The truth is, your tenant is not your friend.

It is not a strategy that I particularly like, especially when you are low on cash.

I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.

Here is your tip:Buy low and sell high, also don't eat the yellow snow.

Quote from @Bonnie Low: I work with a lot of MTR investors and what I am seeing frequently with multifamily acquisitions, particularly with new investors, is that they often test the property just like you're mentioning, as a way to dip their toes in the water and see what works in their area and for their personal style.

Also, consider this copy & paste advice below: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 Class A property in Class D area, what quality of tenant will you get?

High-quality photos and detailed property descriptions are key. 

Then an appraisal works to my benefit and the quality of the property would be very close (as I said the property I purchased had relatively cosmetic renovations such as painted cabinets).