When an expert writes a blog post and people ask follow up questions about the deal and he doesn't come back to answer them. It's obvious he has seen the questions and has had plenty of activity on BP but he just does...

Short version: I have a rural property that is in a very nice area ($275K-500K Homes) but I keep getting reports about how awful the neighbors are--non stop dog barking and other noise late at night.

The exterior rehab looks very nice also.Sure wish there were deals like this in my market.Keep grinding and keep growing!

We are in Northern Caifornia.HOA has these rules and regulations which clearly states that there has to be carpet in the living room and bedrooms to minimize the noise to down stair units.

I sincerely enjoy reading your blog posts and watching all of your updates as you add to your online diary of a real investor grinding day in and day out exposing real truths to this industry that so often gets spammed by "quick riches".

My understanding is you have a lot more issues with 4-8 units, from having to clean common spaces to increased noise complaints since the density of tenants is so much closer.

Make sure they have a solid deposit.More people = more wear and tear, more noise, and more cars.

Problem is, it's a wood frame construction, and the noise transfer between the units is starting to bug me.

That is where I struggle with some sellers who are hard noised about sticking to a cap rate. 

If you spend time fixing something broken, it does not count, you need to get it repaired by a licensed contractor, get a bigger invoice and then "hope" they'll refund, until they find another reason not to.And of course, noise or extra guests are not considered "damage" and won't lead to compensation.And more and more guests cancel when you ask for their ID and Airbnb takes their side (they don't support owners imposing ID check).So for anything other than a room rental to one or two persons inside your house when you are present (which is not my thing at all), I don't recommend Airbnb any more.