A recession will knock out a lot of overleveraged operators, and with more people piling into short-term rentals, rates are already getting squeezed in a lot of markets.

Am wanting to purchase another rental property but downhave the funds other than the equity in the current rental.

@Kyle LipkoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I use all the rental cash flow to pay these loans off asap, then repeat.

I’m exploring a few options and would love to hear your thoughts on each:Airbnb Rentals: Is short-term rental still a profitable and sustainable option given current regulations?

I manage hundreds of rentals, thousands of renters.

I'm a neophyte when it comes to investing in rental properties. 

As an out of state investor, I would love to connect and potentially have a property manager in my team that experience in Section 8 rental. 

Consider starting small with house hacking a duplex or triplex, and use tools like the BiggerPockets Rental Property Calculator to analyze deals.Good luck!

I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals.