Getting clear on these types of questions will help you further narrow it down.

For someone who is going to be a hands own operator and rely on real estate as their full time employment in lieu of a W2 job, or foresees that transition at some point,  buying the entry level low barrier assets can serve a useful function.

Hi @Alyson Gordon I don't know much about Paradiso, but it's in Orange County, which doesn't allow Short term rentals, so not sure of ownership type.

@Shardea Miller My advice to you would be this:  Put together some type of presentation, designed to 'sell' people on the idea of allowing you to rent their property for airbnb.   

I would like to hear from "PEOPLE WHO HAVE DONE THIS"  type of flipping / buy-n-hold, as well as the pros and cons of doing so.The first issue that comes to mind is where to get funding on a property with such low entry value.Coffee talk amongst yourselves and get back to me.

Frankly you’d have to be gullible to believe that and if they know you’re gullible then they’re probably lying about other things also, and they’ll take advantage of you, considering they seem to be the type of people who cash other people’s checks.

Working for one in the past, they mostly had LLC's for their different types of investments.

If you are going to do this type of business make sure it is in an area you can visit or make yourself familiar with, you have someone that is representing YOU at the table like your Attorrney, and you don't make decisions based on "we need to wrap this up". 

Affordability..are you approved for a loan (what type) does lender know you are looking at condos?

Do you still screen these types of tenants?