Every property in a location can perform differently based on many different variables.Just find properties you like and evaluate them individually. 

Sec. 1.469-5T(f)(2)(ii)) – such hours include: studying and reviewing financial statements, searching for new properties, education, preparing summaries of the finances or operations, or managing the finances of an activity in a nonmanagerial capacity.Keep in mind that REPS can include a real estate agent and tasks that count can be different than a real estate investor....

Hi everyone,I want to try renting out apartment units and then renting them out on air bnb and profit the difference between the rent and the STR income.

Since the seller is worried about having nowhere to go, that presents a different issue.

Unfortunately you are going to get different answers from different people, especially from Realtors trying to solicit business in their market.What I have been noticing is that even in landlord friendly markets, prices are high.

Begin with basic houses and look at different kinds of properties.

You need to package everything correctly and shop several banks as they all have different appetites rates and terms.

You need to weigh out the costs, benefits, and drawbacks of the different scenarios such as keeping in your name, putting in LLC, forming a trust, etc.I would also suggest reviewing your leases, etc. with the CPA and Attorney (might have to be a different attorney that specializes in Real Estate).  

If I could offer some thoughts.There is a difference between coaching and training.

In the long hold, I suspect there is little difference in return but you will have exerted more effort on the working class area.