@Jose Pena I would use it to cover renovation costs, especially it they had rewards attached to them and I had multiple solid exit strategies.

Im willing to do whatever takes, I guess my biggest worry is that when expenses arise I wont be able to cover them.

However, in most circumstances you would want to have at least 91-95%+ PO at all times unless you are performing some moderate-to-heavy interior renovations.

Most MF properties rent does not cover outgo unless you have adequate down payment. 

I am not wanting to invest a large amount until i get a little experience with a company that handles the heavy lifting. 

In many markets, I think we are are the top of the market and it gets riskier assuming that prices will simply keep going up to cover all those fancy things you want to put into a house you will never live in.

I'm willing to do most the heavy lifting to get everything started, but will need to find people to help when I'm 4 hours away.My questions are:- How can I tell if my current house is going to be good for an AirBnb?

I am currently living with my girlfriend and a roomate in a 2 bedroom apartment in Santa Clara for $3,500 a month, where $2,000 of the rent is covered by me and $1,500 of that is covered by the roommate.

They may have mortgage so the price has to be enough to cover the mortgage and the taxes.

They are already selling at below market price, they may think that covers it from their end.