@Armand FarrokhI sent you a PM but just reread your post about sharing buyers if they don't meet criteria.

@Jeff Kehl Re reading my last post, I wanted to clarify that the "Any other questions" statement is a genuine one and not meant to sound snarky in the least, if it came across that way. 

I have read and re-read through your post as well as done some additional research.  

I listened to a webinar recently about a man renting someone's place and then re-renting it on Airbnb and generating income off of that. My question is, has anybody done this? What are your thoughts? Pros and cons of ...

I know I need to re-read some of the books, etc. but advice will be greatly appreciated! 

I re-read the email just now.

I didn’t sent out the letter yet , I just re-read and I actually miss read the part I can email to them.

True, but living in it AFTER it was a rental turns the period it was a rental into non-qualifying use.You may want to reread the article you posted the link for, it does not support the conclusion you are reaching.

Rereading OP's post, I would suggest running this arrangement through a loan servicing company that has a licensed mortgage broker experienced with hard money. 

Re-read your contract to be fully aware of what the stipulations are in regards to this.