And no matter what, keep an eye on how your financing structure lines up with your exit strategy.Where do you see the biggest risk.. sinking money into improvements or letting the buy back linger too long?

I have already been fully qualified for both the line of credit and DSCR.

And even yet, it was ever so barely over that line, were talking like $20/$50 mnthly net..

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

On utilities, I bought a foreclosure in NJ and found out it was not attached to Town sewer and I actually had to extend the main line up to my property then put the lateral in and abandon an old cesspool.  

See if they will pre approve you for a line of credit.  

It's an integral part of keeping me whole and keeping the guests in line.

My line of thinking is, Airbnb allows "Legal Entities", IE a multi member business. 

The revenue and expense categories line up with your Schedule E which makes it a breeze to prepare for filing your taxes and I like the reporting features, too.

The use of the line depends on the goal and exit plan.