My personal portfolio consists of 4 rental properties and a total of 8 units, with 5 of those units being utilized as a STR. 

I typically suggest getting three quotes so you can determine who is legitimate.

Ceiling fans, 40 inch Roku smart TV, and all utilities are included.

As @Chris Seveney already shared, the easiest option would be to utilize debt to secure the funds for purchasing the property.

HI BP,I've been thinking about what to ask from tenants in case of issues...besides a copy of their gov't ID (Drivers or passport), credit report stating full name, address and birthday, what else do you all typically ask for?

Do a word count on a typical Listing or Purchase Contract!

Typically very little ROI, and not much appreciation either.

I know that most people who OWN a property and put it on airbnb claim the income on Schedule E ("passive income"), which avoids having to pay the 15.3% self-employment tax.I'm wondering if those who are practicing rental arbitrage by renting the place that they list on airbnb also claim the income on Schedule E, or if you claim it on Schedule C bc you don't own the place that you're listing on airbnb.Whether you own or rent the property that you list on Airbnb, the activities are the same: acquiring the property, furnishing it, activating utilities, listing it on Airbnb, hiring cleaning services, etc, etc.

Sellers are still wanting "too much" as they typically think their deals should still be trading in the 4-5% cap rate range.While I won't pretend to have a crystal ball, I generally think: a) if you want to get a deal today, you are going to need to be more aggressive then you probably are comfortable with in your assumptions.  

It seems like the rate is typically about $1000 more than a regular long term rental, for a similar property.