I've decided, starting off, that I'd like to try renting apartments in my current market (Jacksonville, Florida) then furnishing them and offering them to traveling professionals on AirBNB and/or furnished finder. 

That would not even be legal.Anyone telling you different or offering you anything that says it is leads of delinquent borrowers is either lying to you, lying to you and making stuff up or, lying to you and violating state and federal statutes. 

Greetings BP folks,My wife and I are negotiating a deal in our area for a home that has a tax lien from the city and county.We have been working with the seller for quite some time and were offered the opportunity to purchase the home at a great price, we also have agreed to pay off the tax lien in addition to the purchase price. 

Currently, I'm only offered 27 hours of work per week at an average/below-average pay rate, which isn't nearly enough to save for a down payment or qualify for a loan.I've tried selling belongings to generate extra income, but it's not sustainable in the long run.

If my unit goes for a higher rent than what Section 8 would allow for this particular tenant, I would offer to let the tenant out of the lease.  

We do offer bank statement HELOCs for business owners who don't show income on paper but can show revenue coming in(bank statements), doesn't sound like that applies here.Freddie Mac allows for assets to be counted as income, 70% of total divided by 240.

For those considering the Caribbean, the USVI offers the same fee simple ownership as the mainland, thus reducing risk. 

I keep all my real estate Investments in Kentucky. 7% or more is the norm for single family residential while in California you most likely land around 3%-3.5% cashflow, you're not even close to cover the interest rate.Definitely check out Midwest states, they offer low entry point and stable rental market.

Hi Ashlee, I'm just wondering if this is one of those scenarios when it's time to offer a tenant "Cash for Keys".

David,Why sell if its a future retirement that will offer equity/cash flow.