This is how I qualify properties I am considering.Underwriting Made Easy for Short Term Rental Investors (biggerpockets.com)

If the loan is maturing in the next few months, the owner has no way to refinance at the current high rate, since the cash flow will not qualify for the double high interest rate.

Quote from @Brandon Croucier: I’d be looking to get into a DSCR loan.These loans are qualified by the properties income rather than your income, can close in an LLC, and also do not report on your credit report! 

One possible way is to qualify for a loan, get a house with multiple bedrooms, and rent it out to multiple people.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

The problem is, airbnb income is not considered "stable" so for qualifying purposes there isn't a way to project that accurately if there isn't any previous rental history for the property. 

Real Estate should not be depreciated.Depreciation is one of the most beloved tools in real estate investing, but let’s take a moment to challenge the norm: Should real estate even qualify for depreciation?

And they did tell us that we are not qualified to make any of these deals (ridiculous) without going to one of those crazy expensive programs.

@Nathan M kieferIf you are getting $400k in W-2 income, unlikely you will qualify as a real estate professional unless: (1) you have equity in the company and its in an industry that allows you to qualify as real estate professional; or (2) you have a spouse that qualifies.

Appearing on podcasts, posting content and doing webinars won't qualify you either.