As for my Airbnb research, I have spoken with a person who runs numerous Airbnb’s in a different area (city atmosphere) who provided good ideas on how to smoothly run the property.

The sad stories of money lost are too numerous to ignore.

Search the BP for ADU appraisals to encounter numerous examples.

Most people focus on the numbers and then learn the rehab portion through trial and error/ feedback from other investors.

. - They know the process cold, so shouldn't make a newbie errors. - They are arms-length. 

The biggest thing I have encountered in numerous inspections is chipped or flaking paint in pre-1978 homes that have children living in them.

However, if you analyze what we have vs. what other states have there are numerous reasons why we are a great state to invest in.I hope all of that makes sense but feel free to ask anything additional. 

Everyone always confuses PMC liability insurance on their own office and Errors & Ommission insurance with rental property liability coverage.

At year end it probably takes 2 hours to go through everything looking for errors and printing reports. 

You don’t have a lot of room for error with $23K.