Strong Brand Recognition and LoyaltyAirbnb is a household name with a loyal user base.

I think it could be due to niche cabins still having a strong nightly rate but I’m a total noob. 

Can some of your concerns be mitigated (locally) through things like strong tenant vetting and property class selection?

If that's the case, then you definitely have a strong argument for getting a reimbursement.Thank you for your input!

That said, I do this with a a few investors on rentals since I'm a Realtor and Property Manager where I am boots on the ground for purchase, rehab and lease-up, however we had a strong professional experience/life together before partnering.Lending will also be a consideration as most lenders are hesitant to lend to non-citizens given the foreclosure challenges it can pose.

Nonrenewal rates were nearly 80 percent higher in Zip codes that faced the highest risk from insurance perils such as strong winds and wildfires compared with the lowest risk areas.

Building strong relationships with lenders is critical and the easiest way to do that is to be easy to work with. 

Get a firm quote before committing.If appreciation is low, ensure rents are strong enough to justify the effort. 

Address Your Financial ProfileBridge the Revenue Gap: Highlight your equity in the duplex and use your sale proceeds to demonstrate “skin in the game.”Partner to Compensate Experience: A financially strong and experienced partner can help offset your limited track record.Focus on the Land Deal: Secure the land at a good price, as it’s a crucial step in gaining credibility and attracting partners.Final ThoughtsYou’re entering an exciting and impactful space in real estate development.

If you are looking at FHA because of credit score, then I would work on credit scores to qualify for conventional financing or see if you can get a very strong coborrower with high scores.