@Kameron Lamb While being an RE agent can be a great career it teaches you more on how to sell as opposed to the principles of investing.

Keep in mind, property taxes (at least in Vegas) are at least partially assessed on the LAND as opposed to the physical structure.

The opposing views are crazy, do you think it's generally a good idea if you do your research?

Also, we probably get 95% of our bookings on Airbnb as opposed to VRBO.

I do not see that the starting point has to be each rental as opposed to all of them. 

That "new" tenant might be the devil you don't know as opposed to the devil you do know.I have a client with one tenant who has paid late for twenty years - always paying their late fee.

Besides that despite being an "old" city so much of ABQ was built post 1950's that there is less value to unlock through rehab as opposed to a town where the average age is 90-100 yrs old.

I also would not be opposed to an occasional local flip opportunity given the resources and skill set that I've built.

I've come across the website Eliotandme.com and see there MAY be a potential to make more money on my investment as opposed to renting out.If this website is accurate, I'd like to make my first investment property strictly an AirBnb property and in the event legislation changes or some other plan altering event occurs, I can revert back to my original plan and rent it out to tenants.

In fact I would put that money toward a deal as opposed to a license.