Just my humble opinion, but I would stop all the co-hosting/arbitrage stuff and just focus 100% on getting yourself to buy a property....any good property. 

Thanks for laying out the important stuff so neatly.

And right now most stuff is not selling great in those locations either - even when their prices are close to reasonable.

Newbies don’t be fooled by this stuff.

There's way too many moving parts in RE to where he has to sit on the sidelines, and plenty of stuff he can do that does not pose actual risk.

Maybe I’m wrong, but I doubt it.Again, I don't comprehend your ignorance level on some of this stuff as it is not top secret stuff, it's common knowledge for most brokers.... 

There are pros and cons to using DPA with your average conv/fha loans ( yes this is how you arrive at 0% down or 100% CLTV or combined loan to value financing).Conv and FHA lend up to 95-97% so that remaining 3-5% down is covered or partly covered by the remaining local DPA programs.

I geek out on this stuff too... 

They charge 15% reservation fee for a complete management or $150 monthly if you do place bookings and they do coordinate maintenance, inventory, cleanings, front desk, admin stuff, and etc. 

In so many instances, the stuff that is doable is gone and only garbage is left.