While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.

If you cannot survive without a certain partner and they have greater control over your business, then you need to adapt and conform to your partners demands.In this case, either eliminate ABNB from your operation, or abide by requirements.

You also understand how to control risks by saving emergency funds for unexpected situations.

If you need control over your investment in person, you are limited because of your location but will do fine.

I do want to invest directly in RE and have a little more control.  

On MFR in the years ahead local governments might put in rent control. 

Assuming the foundation is solid, #1 is controlling moisture completely.

I've also built and seen others build a lot of equity in that time.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $150-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the "sweet spot" in Metro Detroit.

I highly recommend finding a market that is landlord friendly, cash flowing, doesn't have regular catastrophic events, property taxes are low, insurance rates are under control and you like the area.

The factors within your control/influence are much greater than some modest market environment headwinds.