Opportunity to build a quality portfolio exists at any time and in all kinds of markets. 

I made my calendar available for twelve months because OTAs tend to reward open and available calendars.

Sometimes, buying an existing property can be more cost-effective and less time-consuming and maybe require slightly less permits, etc. 

Mainly LMLO's are rare, almost non-existant.  

They will put it in your bank account. at a higher price, Airbnb is mostly crickets and booking.com continues to bring in good traffic booking.com has been very smooth and the whole review mantra with Airbnb is almost non-existent yes somewhat complex to set up.

You didn't read what I wrote above because you still want to compare your idea against something that doesn't exist. 

The one time I tried buying an existing property on tribal land, the land didn't come with it.

Quote from @Isadore Nelson: I recently acquired a property with an existing tenant who has been living there for about four years.

It has been a rewarding journey and the transition from salaried employee to 100% commission was scary but has been rewarding and I have been able to surpass my highest W@ in coaching with my new role. 

No building inspections or permits exist out there.