If your seller files bankruptcy after the sale and the Trustee believes the sale was fraudulent because it was for below market value and seeks to set the sale aside, I think the title insurer might deny coverage. 

Few know this, but you can still negotiate with the bank in bankruptcy and some people end up keeping their property.

In high season, I can rent each almost as much as a 4 bedroom house does but off season I do much better as people coming down would prefer a small condo on the beach.  

@Anirudh Reddy you should NOT depend onthe cops to remove homeless people and squatters unless you verify the local laws and what the police will actually do.HOW are they getting access to the building?

But if it helps people sleep at night then I guess there is value.

I  know a few people who have retired from a few different airbnbs down here in West Palm Beach.

I know it's not what you want to hear, but people will treat you the way YOU train them to treat you.

There is a large learning curve to not only know what to look for, but also finding people to do the work reasonably, as well as to manage them, etc.  

Investors work with real people.

(PEOPLE).