Being that it is owner financing, my plan is to refinance it into conventional as soon as i can while avoiding PMI. 

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It's all about numbers.I haven't done AirBnB but from what I've gathered, people either do the cleaning and such themselves, or they have a go-to housecleaner to do it each time, or some companies specifically manage AirBnBs and charge a management fee to keep everything where it needs to be.

DHM from what they say will give you a lot of leverage although from what others have posted about rates they are the very highest in the industry and for sure if they are going to risk begineers with little to no money into the deals that's what they can command.they also charge 3k for their study guides which used to be mandatory but from what we are hearing on BP its now optional.. here are some regional lenders that are for real.lendinghomevisioConventusLima oneLending oneand then you will have local lenders I like to go local when I can but I have done business with all but lending one .. and they all have their pluses and minuses..

I charge the tenants for their utilities. 

The charge for a solid structured LLC can be offset with the cost of doing business or shared with your partners. 

There are renovation loans with conventional lenders that will give funds in draws, require a contractor to do the work, and have inspections along the way.  

In the end i never had to jointly charge anyone for damages as one always admitted to the damage and we charged only that person.

Can you throw a shed in the backyard and charge an $75/month for storage?

I am still kind of new in the business.Our PM charged a huge fee ($6100) for turning over a 6 bed room apartment.