Even if city looses, they'll probably make things difficult on operators with all kinds of rules and regs like many other cities. 

YOU are the expert in the kind of business you are trying to do.

If you decide to take this kind of route, it's still very important to go in with a secure plan and also have at least 6 months of reserves. 

It's going to vary depending on your own income outside of investments, your age, your ultimate goals, whether you want/need the income to live off of, and all kinds of other considerations.

Understanding your market, what you are offering, and the kind of tenant you can expect to attract and KEEP will help you determine how to screen.

It doesn't sound like you visited the market, the PM, or the seller in these markets.

Thank ye kindly. :) 

would love to hear more about this, visited lisboa this past year and really really enjoyed it and the surrounding areas. 

That is an option I didn't consider, but if the bridge loan option doesn't pan out I may have to re-visit that option, because the equity agreement takes a huge chunk over time.

I think you shouldn't compared people who are visiting the forum to the Airbnb average.