@Christian AllenBook a few Airbnb stays around your area get to know what they are doing to make there place special, talk to them about their numbers, most of them will be nice about it, make sure to disclose your visit purpose before booking their place so they don't report you to Airbnb, don't leave them bad reviews it's just not cool :) and ask them to leave you reviews because even reviews from hosts help boost you score on the Airbnb algorithm and it will help you when you start Good luck

I have purposely gone into the inspection field to create a business, as well as a good way to network with others Real Estate professionals, and become a full-time real estate investor in the near future.

Hopefully the $200k was used as the value for when it was converted to a rental for depreciaiton purposes. 

Is there a good resource for determining a good market for your individual purpose?

Regardless, I am now purposefully working with a small local bank that will service any mortgage I get through them in-house for an extra .25%.

As a SMLLC, the LLC's business would be reported on your 1040 for tax purposes, but for legal purposes it is its own entity.

My wife is a licensed agent and I passed the licensing exam though I never went with a broker.If I went all the way managing, including renting it out, signing leases, collecting rent checks, upkeep, repair and maintenance, paying the bills, taxes, insurance, I would do it via a master lease, preferably a NNN lease, and for all intents and purposes, you can act as a landlord, make money on the rents, and not have issues with licensing as you have an interest in the property.

But I still think that on a property this expensive, you're either going to tie up lots of cash OR pay PMI (because if you have access to a HELOC, you could use that "cash" for purposes other than taking out a loan for a down payment, like buying a different investment property for cash.)

I'm about to invest in my first property on my own (already have few rentals properties with my spouse) But I'm not really sure if i should invest on a Duplex or Single family house for Airbnb purposes..??!!!

This makes a big difference as different inspections are mandatory or for informational purposes.