I don't see that the license or certifications are helping people sort out the good from the bad there either.

That said, it could be that the location of your property has some sort of local ordinance that has a 90-day limit, and Airbnb is simply following that.

That's who I wanted to hear from and the real story about how it is to own that sort of asset class.One reason is I read this post I think there is a newer one as well about this. the blog article is not so much about D class properties, but it got me to thinking, and I wondered what other investors thought about this type of investing. https://www.biggerpockets.com/... 

Yes, I can take cash out and try to invest in higher return projects, a sort of carry trade, but the reality is that increasing return on equity generally involves more risk. 

I'm sort of the opposite, especially for folks that are geographically distant to their properties.  

I haven't experienced anything in Florida where there is any sort of inspection by the local or state governments for rentals or even the sale of the property.

Hi Brady, I was sort of in your shoes a year ago!

There is a lot of risk and variables to navigate and sort through and I'd much rather learn on-the-job with my own capital than risk others.

Although this is technically inaccurate (I saw a case where a sheriff sale of this sort was challenged and the challenge lawsuit took 11 months, deed recording came after that), that is the typical practical waiting period to get the title insurance for the resale.Whatever the mortgage balance, that’s now your obligation to get paid off; before even bidding on any sheriff sale property you should have a good idea of any remaining mortgage balance(s).

We don't need income docs or anything of that sort and our rates are competitive with banks.