Is the tenant doing something to attract the ants? 

In my experience, D class neighborhoods attract D class property managers.

This is prohibitive to profitability and can also include hidden factors that can make AirBnB listing less attractive. 

I guess the World Cup and a new airport attracts capital.

Ideally, a location near a hospital or other attractive amenities is ideal.The upfront investment you would need is the Security deposit and 1st months rent, and cash to furnish the unit.

Our interest in the Donna Kay deal in Nashville, TN, was driven by:Strong Market: Nashville's robust real estate market.Profit Potential: An ARV of $315,000 presented a clear profit opportunity.Location: The property's desirable neighborhood added to its appeal.Collaboration: Partnering with Seth Choate provided local expertise.These factors made the deal an attractive investment for Partner Driven.

Our interest in the Donna Kay deal in Nashville, TN, was driven by:Strong Market: Nashville's robust real estate market.Profit Potential: An ARV of $315,000 presented a clear profit opportunity.Location: The property's desirable neighborhood added to its appeal.Collaboration: Partnering with Seth Choate provided local expertise.These factors made the deal an attractive investment for Partner Driven.

Here's homework - write down 5 ways that debt is positive and can help you.Having a free-and-clear investment property is not even always considered a great thing because it can attract the sharks, lawyers who see it as a huge dollar sign.... better to keep it mortgaged so it doesn't look so attractive.So yes you could look at it as shuffling around numbers, but your ultimate goal (as you stated) is to live off of your investment properties.

I can't address the accounting question, but from the listing perspective you always want to represent the property accurately, and make it as attractive and enticing as possible.

Using social media should attract some new members as not everyone knows about BiggerPockets.