I live in Berclair area and don't see what would draw a visitor to an AirBNB in this area.

People on vacation often want a great view and/or walking distance from stores, the beach (or Ski resort or whatever it may be that attracts visitors).

Among them are attacks to tenants, visitors, delivery people, inspectors, contractors or other animals, sanitation issues, noise and general  nuisance or drama yet undetermined. 

The reality is that most listing agents will not do itWe can all yell, scream and threaten but the system is the system. 

It's enough for them to understand you're investing and why and how, but without making all the villagers scream that the dragons are coming.

@Casey Roman imo unless you have a screaming good deal or can get 100% financing, cash flow on day 1 and plan on holding for life, I would be investing in REIT’s right now.

Yet, there they are, still blind as bats, running about screaming the virtues of socialism.

This screams recession/depression.

@Chilly Nathan I'm a little late to the conversation, but it's hard to go wrong in Columbus, Oh...on a grand scale, everything in this city is sitting at 50% of future value...15 years pass and our $250k duplexes are $500-600k duplexes...just for holding them...it happened in Austin...Denver...around D.C...Columbus will bypass Chicago as the most populous city in the Midwest in 30-years...there is exponential room for growth right now.That said, I firmly believe you can make money in markets like Orlando and Raleigh-Durham...not really a fan of Atlanta or any city inside of Alabama, but Kansas City has opportunity, along with Boise if you can still get in...it's the next Bend Oregon...I think the best idea is to have a personal connection to the market you end up in...a place you know people or would like to visit...or even live some day.Always happy to chat more about the local market.Best of luck

I might be a little biased because we started purchasing places around 2009/2010 and we were picking up screaming deals all over the place (3/4 of our portfolio is made up of homes we purchased for ten's of thousands of dollars that are now worth hundreds of thousands).