Airbnb can get you more high value bookings if you're property attracts those. 

I think their general stance is going to be to go with whichever comparable property has the greatest degree of similarity in terms of (probably, in this order): location, age built, quality of construction/current condition, and square footage.

The best way to estimate expenses is experience and knowledge of your specific asset type and market.For vacancy, that will depend on your market and the quality/desirability of your type of unit.

It has my peak seasons 2-3 times higher then my competitors but I think it's way too high and I'm going to have to drop prices dramatically later to get a booking.

Thank you for any advice.I have ZERO experience in the state of Georgia so I highly recommend you take what I say with a grain of salt and call a local property manager who can tell you what to do.

If you have rental(s) or plan to get one and want to decide between long/mid and short-term rental strategies taxes do play a roll if you have high W2 income you want to try and reduce you tax burden. 

However, once we received the title report, we started to question if we bid to high for the lien. 

But I also sometimes think owning only 1 property in LA would be less stressful and a more reasonable mortgage payment would improve my quality of life.

I felt like this was a little high at the beginning of the deal and turns out I at least got that part right.  

Your first due diligence exercise in notes is to find out the qualifications, experience, knowledge and financial stability of the note seller-dealer!