Beyond that, every neighborhood has their own zoning rules. 

You don’t necessarily need to be local but there are also misconceptions and rules to follow:https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals

@Erica Schubach I would say if you have a HOA, it all depends on their regulations, but from what i have seen most HOA in Kansas City area or the cities that are better areas like Lee's sunmit, overland park, they prohibit short term rentals, plus the rules of condo are much more complicated and more strict than single families or townhouses.

Keep the 50% Rule in mind: about half of the rent will go toward non-mortgage expenses, when you average all expenses over time.

My problem is, I CANNOT find anything to even meet the 1% rule.

The rule is for a single-family home where you lived first and rented after you moved out. 

@Eric Brauer  There is really no set rule.

Just be aware that you cannot create a loss.

Create a desire to choose your home over the other 10's of thousands and you won't be fighting (as hard) to get your unit booked and noticed.

That is in direct violation of the AirBNB rules.