I having been catching up on the podcasts and David Greene mentioned that he does not view short term rentals as passive income. 

My husband and I are new to the landlord/renting scene and want to make sure are answering inquiries accurately and also want to make sure the Fair Housing police are not trying to catch us off guard, with random questions.Here's the story...The lead came from trulia, even though it is not posted there yet and here is the message we received and not sure how to respond..."

If the holder of the Note catches on that the owner changed and wants to call in the clause, they will. 

Some states do not have public records, so you can't always catch everything.

I mean it cash flow on day one, but what is the catch?

Nice 2 bedrooms sell for $115k+ and this was the sqft of a 3 bedroom.Also, in Nov of 2021, I knew home values were going to be higher in Spring of 2022 to give my ARV appraisal even better comps.Basically, could tell it was undervalued and for some reason no one wanted it...Observations- Noticed the listing write up was short/poorly written/uninformative- Listing photos were bad (pretty sure that's a google street view front pic, or maybe just a cell phone without even getting out of the car lol)- Listing agent was hard to get ahold of (predictable)- Was near impossible to get an approved showing (how it is 80% of the time on these types)- Tenant was Section 8 (there just went 75% of market interest)- Tenant was paying way under market rent $940 (another thing many aren't willing to take on.

Got to catch some zzzs.

Catch 22.

Trust but always verify.By setting up different check points throughout the buying process, you should be able to have someone catch something if it's a scam. 

It usually (but not always) catches the BP Meet up open house post.Good luck