If I told you  I have a bag of apples... and in that bag, there are 90 oranges and 10 apples (10%) are you going to convince me that you have a bag of apples?

I just wanted to have some signed verbiage in the lease so I would have legs to stand on if the situation presented itself.https://www.airbnb.com/guarantee seems to hold promises you could ask Airbnb about your specific situation.  

I'm a California real estate attorney, broker, and investor based in Orange County. 

Her kitchen walls and ceiling are orange from grease splatter.

That's hoping he didn't find any undisclosed deferred maintenance that cost an arm and a leg.

Your cashflow will be greater on paper as Chris S says, but you'll need to take into account that you'll need to do more leg work on screening tenants and may have to put up with more headaches in the day-to-day management (e.g. tenant unable to pay rent, tenant is gone, house gets broken into, etc).To add onto the bit about the D neighborhood, if you can find a property in an area that's experiencing rapid growth and development, you can likely get a return on the appreciation and the rents may go up too. 

If your going to do the leg work why not just brush up on your closing skills and get paid the full comish.  

I live in Orange County and invest in Grand Rapids, MI.

Make sure you show a lot of leg!

Let me know if you have any questions and keep me in the loop as you want to expand your rental home into (3) Rental UnitsCalifornia, Bay Area, San Jose, San Diego, Los Angeles, Sacramento, Orange County, Oakland