My favorite way is is simply using Pricelabs using a comp set, OR using Airbnb itself to see what your direct competition is.

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

As a powerful organization, I would like to see Bigger Pockets become a leader in not simply educating real estate investors but leading the way in warning investors about the real estate guru pitfalls.  

This simply means you have language in your lease that states the landlord is responsible for paying utilities up to a certain $ amount (let's say $100 for the sake of argument).

While I usually think people have the best intentions, as someone working with you for the first time, it is truly hard not to have the thought cross my mind that the pro forma provided by Jennifer Lucero was inflated by Southern Impression Homes simply to make the sale. 

The challenge for me will be to attempt to mirror this type of financing approach to Southern Calif. real estate. 

The property manager may have some interest in your success (if you get a good one) simply because they are making the most consistently - 1st months rent plus 10%/month.

There are many fraud attempts on rentals on Facebook marketplace and through various Facebook groups.

I tell my clients all the time that the quality of your property will directly determine the quality of your tenants.This is a very important rental property investing fundamental most new investors always forget or ignore simply because they are just too desperate for  "Cash-Flow".

Managing properties locally is simply more efficient as I get started.I’d definitely be up for discussing this further and exploring potential synergies.