The era of "everything prints money on Airbnb" is LONG GONE! 

Typically to grow a real estate business and raise money you are better off partnering with someone.

You can most certainly make more money with higher occupancy in your short-term rental.2.

You probably don't run many applications, so I wouldn't sweat losing a little money on each one.

They don't even know what to do with it.

If it takes you two months two find a tenant willing to pay $1,700, then you'll still basically break even in the long run - the net to you is the same. 

With foundation issues, one could have plumbing, drywall, flooring and even roof issues and alot more.

So, there is even more risk.The things that you can do, include being properly capitalized, not be greedy, (in whichever way that may be defined in the county you are buying), know solicitation laws, know Dodd-Frank, the Consumer Protection Act, the S.A.F.E.

It is sad that no enforcement can even go after their fraudulent business practices. 

DSCR is not low money down or low money into a deal.