The last part is where results happen.

Respond quickly and professionally to inquiries to show you’re reliable.Leverage Airbnb's New Listing Boost: Airbnb often prioritizes new listings in search results for a short time.

I suspect your underwriting will show that RE in San Diego without leverage will not produce the return that you will desire.Note at 80% LTV, the appreciation return is 5X.  5.82% long termappreciation (the rate for this century) * 5 (leverage multiplier at 80% LTV) to the cash flow 4.8% and we get 29.1% return from appreciation. 

[And it's not just VRBO who will see the results of that dynamic pricing as price gouging. 

The claims of 1hr to collect rent, produce receipts, and deposit checks also seems like a reasonable claim if done physically and not electronically.

Initially, he was producing several leads per day but it quickly fell off to where he was only sending me a few per week.

I want to invest it wisely so that a part of it is used for my living expenses and the remainder invested in RE producing cash flow and appreciating over time.

Big profit spread in this model is not a result of lucky strike, like with probates or desperate seller who is dying to get ten cents on a dollar and needs it yesterday.

Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option. 

Some take on the business w/o having the proper systems in place to deal with low-demographic tenants & properties.We also see owners being part of the problem - expecting Class A fees, service & results from their Class C & D properties.