The senior lien is in possession of a debt collector firm which is representing the loan servicing and is asking for the payoff of a loan which belongs to the previous owner of the house.

Recently attended a great seminar hosted by the #1 commercial real estate platform in the country.

People may want to deny this, but it is just logical it would happen this way.Here is a thread about an investor who purchased a property last last year from an investment firm who is exiting the market.

Because of the high level engineering work and time required for such studies they were initially reserved for high priced properties over $5 Million since early studies cost over $100K and were only done by large accounting firms with engineering departments.

Generally speaking, as an investor with some hosting experience on airbnb (but never having invested with that intention), the urban core neighborhoods like Riverside, Murray Hill and San Marco all see pretty strong demand.

Lastly, be firm but polite when dealing with tenants because they will give you ever reason under the sun why they cannot pay. 

For all he knows you will host a circus there.

Picking the right firms and then manageing them will be a lot of the effort.  

There's a new meetup group for airbnb hosts.

I am a host in an unsuspecting town and have been doing surprisingly well.