Booking.com is definitely gaining some market share as of late.

Have you decided on a target market that you plan on investing in yet?

We went to go see a house that is below market value however, the house needs quite some work. 

(We're both digital nomads, so we get to live and work from anywhere!)

They are zoning and land use regulations, accessibility, environmental factors, market analysis, topography and terrain, utilities and services, neighbourhood characteristics, restrictions and opportunities, development feasibility, financial analysis etcetera.

@Michael KaminskiIf your existing home is on the market the bank could do a traditional bridge loan which is short term and gives you time to sell your home - just want to make sure you have plenty of equity that when it sells it can pay off that loanWhat state you in ?

We have also started building a base of past guests, where we market discounts during the week (they opted in), and have had a couple bookings from that.

Research local market rates to determine how much more you can charge; often, Airbnb properties can command 20-50% higher than traditional leases, but this varies by location and demand.

We might sell if the rental market doesn't pan out—so curb appeal is important.  

I'm in the market to purchase a short-term rental in Saint George Utah but the market there (perhaps like many places) feels very overpriced.