Hi @Harish PasupuletiAs you begin to choose what properties to invest in I would recommend for you is this website. https://www.areavibes.com/Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

Most hard money loans work on a draw system, where you pay for part of the rehab initially, and the lender reimburses you in stages as work is completed.

Make something unique, then get ready to do a lot of additional leg work and searching!

Don't underestimate how much money you could spend when you're trying to get an airbnb ready. making it unique is very important, and it's very easy to overspend!

In my experience, many states view each failure to make a payment a unique default subject to its own running of the SOL. 

Some very unique answers. 

You can really focus on the feedback, tweak your product and I would definitely set up a system that can allow you to automate guest messaging.   

And it's good that you're already thinking about systems to manage it.

For lenders/banks, quality vacation rentals are clearly a unique and reliably performing asset class..For investment properties these lenders typically require a minimum 20-25% down payment but since there is higher gross revenue, the investor can often qualify for a higher loan amount.

Update Payment Processing•Work with tenants to transition their rent payments to your system.