Alternatively you can find someone with construction background to partner up with you.

I've known him 15 years, so it would be a trusted transaction, which I thought could be a good "safer" oath into my second rental.

I’m not sure why you’re unhappy with those of us pointing out fundamental flaws and offering alternatives to your legislative issues.

Yes, people are still using Airbnb but if you are basing your main long term investment around it I would really consider other exit strategies and alternative monetization

They're safer in my view, completely passive, and will perform better over the next 5 years.

It allows units and would be a less expensive alternative to FHA when it comes to mortgage insurance, particularly because it can come off after the mortgage gets to around 80% loan to value. 

@Christian NachtriebThe big brokerages do not allow for investment into alternative assets such as real estate with their plans.

Your MIL might consider a tightly structured Joint Venture with a local developer as an alternative.

Or playing it safer and saving up more capital. 

It's a lot safer, your profit usually comes within 30-60 days from purchase, you do no rehab work at all (and incur no related expenses).