In today's market, many office landlords would much rather walk away from their properties and take a loss than fight to attract tenants and avoid foreclosure.

(I have no stake in this other than I just read this section in the book, and this is not some kind of marketing ploy by me.)

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?

Have you tested the market yet with this set up? 

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

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.