I strongly recommend you write up an eye-catching pro forma on what you intend to do.

I found this week’s property and it looks like they a good job finding a property that is eye catching and potentially cash flowing:https://www.zillow.com/homedetails/73292-20th-Ave-Desert-Hot...Here are the numbers:https://www.bnbcalc.com/analysis/73292-20th-ave-desert-hot-s...What do you think of this investment opportunity?

It has only been on the market for 20 days.I contacted my mortgage company and completed an application for a forbearance to give me time to sell it and/or find a job and catch up on the payments. 

I see regulation as an opportunity.There's zero reason the city/county/hotel business/your neighbor would not catch the Airbnb homeowner.

That being said, there are some issues that a HI does catch that can and will pose a problem for the buyer and for that, it works.

Your current home becomes a rental once you've moved out, and even if you aren't cash flow positive in year 1 (new rents - debt on new primary - current mortgage pmt), focus on aggressively saving towards a $10-20k cash reserve & have faith that market rents will rise over time to catch up to today's affordability crunch.or 2) Save up a full down payment on an investment property.

The homeowner will probably get tons of calls before the actual sale date giving him an opportunity to catch it early.

Would they catch you if you didn't disclose?

Example: Pref of 8%, catch up 2%, then split 20/80 till 15%, then 30/70 after.

The law moves slowly but it will catch up to this sort of conduct.