Let’s discuss the hidden costs and potential pitfalls of traditional financing methods that many investors overlook.

So simple find someone that does deals, make a few bux for a finders fee.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

I don't use a PM, but 10% seems reasonable to budget because a I think you can probably find someone for maybe 8% and then you factor in any additional fee for tenant placement.

What other fees are taken out?

Doing this could either lower the payment on your primary residence or fee up more cash flow on the rentals.

There will be hidden issues.

They (Airbnb) still take their fee off the full amount even though I would be refunding 6 of 7 days.  

Fees, closing costs, etc. thank you! 

I work with institutional capital as well as a variety of private money resources to finance such things, but don't again, don't expect to find "low" rates and fees for such.Many investors I come across run into this problem with financing even though they've built up a cash cow... it is hard to understand sometimes, but be aware of the challenges and make sure you have financing options in place for what you are doing before you jump too far in.