the money I front is for your down payment and the interest reserve.. so other than utls you have no skin.. that's how I do it.. then we split profit.. 

All States have downsides reasons why not to invest, for example, if we're to analyze Oregon it has natural disasters often like California such as earthquakes, wildfires, mudslides, volcanic eruptions, and deadly floodings from rain or tidal waves from the Pacific Ocean. 

@John MoorhouseIf you're born to the hustle, you're not afraid of learning things, you don't give a damn what other people think about you, you're willing to stick out putting money aside for years when everyone is spending at it and dismissing you with contempt and pity, when it comes time to poop or get off the pot you can make a decision and stick to it, you've got skin skin like an alligator, and the idea of repeated failure and humiliation does not paralyze you, you'll do great in real estate.Look around, do the online video course (Education tab, Free Course), ask questions.

It affected our budget to where we had to change some fixtures and things of that nature at the last minute.

I'm also with Nathan on the fact that you need to get thicker skin, this is a business and if you can't stand telling someone they can't rent from you then I question whether you'll be able to handle the harder stuff that being a landlord entails (i.e. bad tenants/evictions/etc.).

Cons: Airbnb can be a fickle platform and you have to have thick skin when dealing with Airbnb and with guests.

Some people are naturally outgoing and thrive in networking settings, but when I started, I was not one of those people—especially in large groups.

I would anticipate that they'll want you to have some skin in the game yourself.

@Gerard Leeson ....My gut check says it is a supply line to one of those sinks you mentioned because of the "constant" nature. 

@Juan Escarcega, what are your expectations for how a potential partner's contribution would solve the illegal nature of the conversion?