I do have 1 month of his security deposit but I am not sure the condition of the house.

If you have good credit they don't ask for a deposit so it very easy.

Feel free to dm and I can put you in touch.Also, please have a licensed and vetted contractor walk the property either before putting an offer or during an inspection period when you can back it and get your deposit back.Skepticism up front is always better than regret later.

And rinse and repeat.I stop focusing on instant gratification and focus on delayed gratification.

People watch youtube or HGTV every day and instantly declare themselves an investor.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

Also Airbnb does prioritize things like looser cancellation policies, instant book, in line with market cleaning fees, etc.

Quick context: I placed a tenant in one of my units after thorough background checks and collected security deposit + first month's prorated rent via Baselane (bad move!).

My biggest tip is to save way more that you make and then buy a 2-4 unit building and use a 203k or homestyle renovation loan to do some rehab and add some instant equity.Also, Network as much as possible and get comfortable approach any one and asking lots of questions. 

We added some instant value to this one, changing fixtures, adding accent walls, and altering kitchen cabinets.