You will probably make some mistakes with your first property so starting small lowers your expenses as well if you make mistakes.You also need to think about who is going to manage your property once its rented out, that might be another expense unless you are able and willing to do that your self.It's very rewarding business and not as hard if you do it right!

High risk, possible high reward.

What I LOVE about it is that the program wants to reward investors for adding value to properties.

This journey not only allowed me to gain practical experience in property renovation and management but also proved to be a financially rewarding endeavor.With the profit earned from the sale, I have now reinvested in a new property, which I am eager to share more about soon.

They are going to ask you things about the potential environmental impact of the usage and how you plan to mitigate this potential impact, why the usage is necessary, etc.The greater the risk, the greater the reward but make sure you have the ability to absorb that risk should/when it goes south.

The effort to reward is much harder for a lawyer to try to get it out of your hide.

Finally, if the tenant is excellent (timely payments, good communication, taking excellent care of the rental, etc.) then you can consider raising rent but keeping it 5% below market to reward them for good behavior and encourage them to stay.

Finding ones that can serve your purpose can be rewarding.  

I don't think I have any complaints about Airbnb, so far it's been a very rewarding part of our real estate business. 

Risks / rewards?