I would also recommend including in your offer for the house the seller to contribute $5000 or more for closing costs (allowable for FHA loans)  A co-signer will help a lot, (parent or significant other) This is how we bought our first property, I would recommend finding a 4 unit to buy, deal with living there for a year and save money for your next investment. 

One is a co-op, which is more common in NY than elsewhere it seems, which is a purchase of the shares to a company that owns the building.

If you cannot qualify to purchase multi-units yourself, then get a co-signer or partner.

I "drive" a trek road bike that I bought from a co-worker a few years ago.

Is a co-signer any different than a second resident tenant?

The difference between a pm and a co-host is that the money goes to you first, you can select their cut/percentage on the Airbnb website and they get paid automatically based on that number you enter.

Hello everyone here on BP, I'm a new member here having heard about this site from a co-worker.

Learn from other's mistakes and if you're serious about operating STR's and you're not opting to have a co-host, know that it can and almost ALWAYS is a full time job, unless you have an excellent team in place and your automations and tech stack is on point.

You will be called upon to deal with any number of things that will test your intestinal fortitude and if you can’t make it past the easy stuff you will be utterly paralyzed by the day to day issues that can crop up.Once you get insurance and a CO completed, that’s ball game.

after completing a year's worth of experience as a co-op, i realized that engineering is something i have no desire for and that i could not and would not do this all my life. unfortunately for me i didn't realize real estate is what I'm passionate about until I was a junior, so there is no way i would drop out that late in the game...However, there is an upside.