Quote from @Tenzing Palmo: Hello I’m looking for my first investment property in Dallas Texas, I live in nyc so I don’t The trick with new construction in many of the growth cities is that don't allow rentals in the HOAs or have super restrictions. 

That is why your accountant is not super excited.Start by tracking property income and expenses through a separate bank account in your personal name to avoid commingling funds.

Expect to spend a considerable amount of your time speaking to people.Expect to work dozens of hours/week with little to no immediate result.Expect most of your early interest from potential clients to come from your sphere of influence.Expect to go 3-6 months without getting paid (unless you do rentals which usually pay faster)Expect to be bombarded with distractions - mainly, people/companies marketing to you so that you choose their system for quick and easy buyer or seller leads.

It's pretty easy, just make sure you vet people you let into your house.

Two recent clients purchased properties with less than $250K down in New Hyde Park and Lynbrook.One property has a detached garage to bring in additional income and the other has a 1-bedroom ADU.Both deals cashflow.These aren't easy to find in a seller's market but they're out there. 

I feel the padsplit model might not be that sustainable if it is that easy for the hosts to have legal troubles.

Its easy to say that an older property cashflows better when you look at a spreadsheet.

Check on these jobs somehow.5) Google builder and company names with "feeback" or "review" to see what you may find.It's not really easy to do all this.

It isn't easy what we do. 

With rent demand being so high, it can be hard to make the numbers work, and it is so easy for property managers to fill units, that there is little justification for taking on the risk of dealing with Airbnb issues.To illustrate, I will give a personal example.