If not, I could probably easily launch into this space and manage AirBnB listings for other people for extra money.

I think you'll enjoy it quite a bit once our website guy gets everything setup for the launch.

I have a degree in engineering and launched rockets for 18 years and was the biggest control freak I knew(just ask my wife) so I understand how hard it is to make that switch.

If some of you wouldn't mind sharing, what is your typical cash flow that you see from your condominiums?

I was there when they launched the company I know the owner was a mentor of mine.

I don't know what Colorado is like, but in California you wouldn't actually have a condominium that could be sold until the project is complete and it's recorded, therefore, obtaining money from a pre-sale wouldn't work.

Silicon Valley Real Estate Investing Group is also worth checking out.If you're looking in the East Bay, we're in the midst of launching a club based in Berkeley that will most likely meet bi-monthly on Wednesdays.

ET Homeowners soon will be able to count income they earn from Airbnb Inc. rentals on applications for refinance loans.A new program -- expected to be announced on Thursday by Airbnb, mortgage giant Fannie Mae and three big lenders -- will allow anyone who has rented out property on Airbnb for a year or longer to count some or all of that money as income.Refinancing can be a way for a homeowner to tap home equity for renovations, college tuition or other big expenses, or to reduce their monthly payments.Lenders have been tougher on income from side businesses and part-time work since the mid-2000s, when poorly documented income claims on mortgage applications helped fuel the housing bubble.Airbnb, which launched in 2008, argues that its service includes reliable technology to track income, and that it is helping middle-class Americans stay in their homes by giving them a way to generate additional cash."

Or I might use the cash and launch a few wholesale campaigns but I would only recommend this if you are already well versed in wholesaling other wise your better off buying scratch-offs.  

Mostly known for the Kennedy Space Center, where they launch a lot of satellites.