People with high risk tolerance will have a far different answer than someone who is risk averse. 

Quote from @Quinzel Waiters: Hello all I'm new to the Real estate space but I'm working on getting my first off market dealCurrently I'm looking at a heavily distressed property that's priced too high.

Still boils down to will the developers go for it and will the market receive them well.Portland came up with some really high density rules to allow these little tiny home villages and the planners and city was so proud and a few developers tried them but the market ( buyers) dont like them and the projects have failed so no one is building them anymore.. 

A lot of people think that buying a property and listing it on AirBnB is somehow going to make them better returns.

@Gregory Wilson  - partnership return compliance has become insane in the last several years.

I would highly recommend the "Guns N Roses Method." 

Even if usury wasn't an issue, I think the note version would be:"When I really start to break it down,I wouldn′t trust a payor who agreed to that high of a rate."

I would set the cleaning fee for at least what it costs If you feel the cleaning fee is high get some other quotes 

Highly recommend.

I am trying to calculate my returns over a 10-year period using the rent-by-room strategy, which results in significantly more cash flow than traditional rentals.