That being said, that decision has resulted in a portfolio of over $200MM and my life has absolutely been changed.

If you are considering working with them, I strongly advise you to double-check the provided rates and terms carefully.During my loan process, I discovered that they had added a yield spread interest without informing me. 

Breaking it down by room can make the process a lot easier.There are also some great pre-made checklists in Airbnb host groups and forums if you need a starting point.

I'm looking at one myself and would be interested in hearing what you learned in the process.

It is interesting to see some properties go years and years without a foreclosure process. 

That is because practically all motivated sller leads are people in the process of being forced to sell a home due to legal pressure.

Sounds like it makes sense for you to partner, I would suggest: spell out responsibilities very clearly, how you make decisions and most importantly: have a very clearly spelled out exit. 

I would like to know how the process of building loans works and how much funds I need to have.

For Airbnb guests, the process differs from the traditional eviction method used for long-term tenants.

I am in the process of studying for my licensing exam in the state of Tennessee and plan to work in the Chattanooga area upon completion of the test (which will be quite soon).