Most of those residents guard their vouchers like gold.  

Depending on if you qualify for the special allowance for active RE, you may be able to take up to $25k in losses (unless you are full time in real estate and may be able to use real estate professional status). 

Visa and FinancingYou're correct that securing a mortgage might be challenging without legal status or a W2 job.

And you avoid things like damaged properties (guest insurance from airbnb or prop manager themselves cover that), evictions, collections, etc.   

I personally find that appearing as a guest on other people's podcasts helped to get my name out there. 

Contrary to what everyone seems to be saying these days, a good agent is worth their weight in gold.

There are property management companies that handle everything—from guest check-ins to maintenance—so you don’t have to worry about being hands-on.

There are a large percentage of guests not wanting a log cabin.

That's where I got it (mouse over the link - your browser's status bar area should show the actual URL behind the text).

Precisely today, I heard a guest in the BP podcast (Episode #956) talking about a really bad experience with a "Subject to" deal.Thanks @JD Martin Generally, yes.