I think this is going to be a game changer, as with these rates, it is not possible for an average Airbnb operator to make money. 

I assume that you don't have to operate this car wash. 

Those operate more like NNN leases.

We are Airbnb Superhosts, and currently operate 4 listings (3 of which we own) in the Cleveland, Ohio area and know what it takes to have an awesome listings that has high occupancy and becomes a CASH COW!

Do I have to just go by what the turnkey operator presents as the home's value and condition? 

This way the property/asset is operated by the Land Trust, not the LLC, avoiding the foreign filing fee.

@Adam Scheetz, unfortunately, the part of Northern Virginia within the DC metro area has virtually zero multifamily properties. 

There are great programs out there that can get you low-money down or no-money down loans... but it still takes cash to operate a property and you need to have an "oh s---" fund in case something breaks)DON'T RUSH -  (it takes time to build wealth in real estate. 

On one end of that spectrum, a park with 100% PMs (park models) can look, operate and perform similar to a mobile home park. 

We just added 2 buildings in Westbrook to our portfolio this year, and I've been really pleased by how well they're operating even in year 1.