what I'm telling people about hilltop is the only reason it's going up is because of the average housing price in columbus being pushed and the lack of inventory. when I started I'd have bought here too. if I was going to invest here I'd look at houses built after 1947 without knob and tube wiring, etc. the old housing is the problem. we are building now in downtown adjacent. land is a buyer's market and it's much less competitive and easy to get the numbers to work. there is very little construction in 43204 and I've transitioned to new construction triplex now with entitlement and larger multifamily projects feel free to message or call anytime. personally, l like new construction in 43203, 43205, 43206, 43223, 43222 right now and obviously 43215 which you have to have at least 600k in cash to get the land to entitle and want to build at least 100 units to make it worth it. 

Any advice, tips, or personal anecdotes you could share would be greatly appreciated as I contemplate taking the leap into the world of Airbnb co-hosting.Thank you all in advance for your insights and guidance!

Have you been going to meetups in person? 

Stop looking at properties online and go out and see them in person.

What do you use for bookkeeping, accounting and filing taxes, as you start up?

After expenses and mortgage, I end up with a net cash flow of anywhere b/w $150-$250 which I find rather small, and I wonder if this could even get eaten up by tax filing time.

James,The benefit is keeping it off of your personal DTI, funneling into an entity, and simplifying the process as a whole. 

Once you have filed that with the state and you receive your operating agreement, you will go to a bank and open a business checking account in the name of the LLC that you have created.

I start with a conversation with the person to understand what they're looking for and whether or not my property is a good fit for them.

And you also will not be notified if legal action is taken against the property such as the seller filing bankruptcy.I am not saying to do so or to not do so, you aren't my client, I'm just making you aware of the risk.If ever the due on sale clause is called, you will find out if you made the correct choice.