I purchase these types of properties off market. 

In my opinion, Airbnb is trying to offer as PMS type functions as they can and be as user friendly as they can so people will ditch the PMS and OTA and only list on Airbnb. 

What made you interested in investing in this type of deal?

@Skyler LehmanIt depends on the type of property and the type of loan you are receiving. 

The previous record in Bridgeport was held by 333 State St, a 67-unit mixed-use property, which sold for $202,985 per unit in 2021.https://westfaironline.com/real-estate/bridgeport-mixed-use-property-breaks-record-for-price-per-unit-sale/ What made you interested in investing in this type of deal?

Hard to answer what to look for without even knowing what you're trying to insure - there are a lot of types of rental properties.Landlord and homeowners insurance is not the same though the types of coverage are similar.

I do not like using loans if it can be avoided and being a slave to the debt market and timing of the loan coming due with economic and interest rate environment.I find often there are 3 types of investors that get taken advantage of with syndications.1.

If this is a franchise of some type, then it's usually guaranteed by the corporation, so if the tenant leaves, the corp takes over responsibility.It will take you 18 years to recover your cost of $700k.The property can appreciate all it wants, but unless you sell the property, or refi (which will probably kill your cash flow), that appreciation is just window dressing. 

I've also considered properties where I could create two units to increase my revenue that way, but those types of properties are very expensive here. 

It might be a good product for this type of purchase.