I can tell you with confidence that Many of my clients have done both and it worked out.

Bunch of realtors come on a spout off that their clients cash flow from day 1 all the time.

The client can always use their own funds to replace debt. 

Quote from @Yaroslav Shtogun: Thank you James,Do you know how difficult it is to do dimensional variance on the lot?

I don't disagree that Airbnb claims can be difficult but this is all very common in the industry. 

Make sure to ask for client referrals and interview more than one company in Flint.

In all honesty, it will be difficult to collect anything from the tenant after they move out and you cannot force them to stay.

BP has done such a great job of promoting SFR investing to the masses, that those masses have pushed up real estate prices to where it's now DIFFICULT to cashflow right away.Keep going, but understand you won't get rich in real estate overnight - it's a long-term wealth building strategy.For the short-term, recommend joining a few in-person investor meetings if possible, otherwise online ones.

I have a client that bought a condo to rent after living there and the HOA ended up outlawing rentals.

Quote from @Simon Walker: Quote from @Andrew Syrios: Could you "split the difference" so to speak and go back to work for yourself but limit the number of clients you take on so you only need to work 20 or so hours a week?