These three cities from the rental income of $3,000-$4,000 list were on my list of markets to check out and helped validate my research even more:#20 Richmond, Virginia: Airbnb rental income $3,247#32 Round Rock, Texas: Airbnb rental income $3,418#53 Henderson, Nevada: Airbnb rental income $3,909It is broken up by rental income segments ($2,000-$3,000; $3,000-$4,000, etc.), so some numbers overlap, but there are some excellent data points to consider.

People in C and D class will tell the tenants to use their insurance and kick rocks.

Some things I do to avoid bad situations: screen well, only have properties in good locations where people actually want to live (I find tenants behave better when they know they have a good thing going for them and that they are easily replaceable), set proper expectations, have a rock solid lease, go over it with new tenants to make sure everything is clear and agreed upon, and enforce the lease by issuing a formal notice to pay or quit every single time rent is late by even one day (and charge the late fee), or a formal notice to cure or quit every time there is a lease violation.

My wife's parents live in Castle Rock (1.5 hours away). 

And have them draft you a rock solid contract that protects your future interests in situations like this in the future.

There is a reason Black Rock has an entire division dedicated to just selling C4D. 

Your next real estate competition might not be Black Rock or Bezos...it could be coming from the family of the friends you grew up with. 

Investment Info:
Single-family residence fix & flip investment.

Purchase price: $163,400

Cash invested: $25,000

Sale price: $240,000

A buy&flip project on a Single Family House
10K - ...

Deadbolt, camera, thermostat, sheets, towels, rock and roll. 

Congratulations on your inaugural post – it's like your first step on the moon, but with less risk of tripping over a rock and more about not tripping over real estate regulations.