When I called back, he said that because of the Pandemic and the uncertainty with a new Administration and changing Rules, that they would not be able to take on any new Airbnb properties and just stick with the ones they had, to wait it out and see what happens.

Sadly, you have to be very careful about restrictions such as "no drug convictions".

If you don't want to be actively involved with scumbags that will trash your property; that will sue you; that will occassionally threaten you; that will occassionally be drug dealers; etc, then this business is not for you.

We evicted them, and when we went in to clean all of their stuff out, we found out that as a hobby she was a drug mule, and he stole luggage from the airport. 16 LARGE pieces of luggage all thorugh the house.

:shoot: Many of my investor friends have told me that their credit lines have been cut, interest rates boosted, and I've heard plenty of other stories from people with good to great credit of credit woes thanks to (Pick one or all: the economy, greedy banks, Congress & the Obama Administration, Bush, Fill in the blank ________).Have You Had Your Credit Affected thanks to the Downturn?

Administration, advertising, repairs, etc. can all be manilulated so making educated estimates is necessary for some OE.

Basically streets that have had alot of drug operation going on and it basically leaves a street of hell behind.

If you do some research, you could find 2 SFR for the same price which would collect almost 2000 in rent and you would be dealing with only 2 honest, hard working, blue collar tenants instead of 7 drug dealers, crackheads and ho's.

For over 2 years I have been trying to find investors or a lender to finance a residential drug and alcohol rehabilitation center for juveniles for state ordered and low income.

You can always outsource the administrative side of things to someone more knowledgeable if you don't completely understand things.