That said, we have traveled a lot and stayed in wonderful Airbnbs over the years and have always dreamed of creating an incredible experience for someone visiting Minnesota with a short-term rental as well, so we are definitely open to that idea and have some great experience as to what we know would provide an exceptional short-term rental experience. 

Blood gets thick and the worst part is 10 years later there are new voices in their ears, telling them all kind of crap and filling it with all kinds of ideas. 

Perhaps the ban will give people the idea that count officials are doing something about the problem.

Also you seem to not have a team in place, BAD idea.

@Caleb Brown I like your idea about buying as many properties as possible while we're young.

At that time, my friend encouraged me to get into real estate with the idea of creating passive income and wealth in future (via appreciation).

House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area 

Another idea that we have been exploring is using the cash value of whole life insurance funds for emergencies. 

Is the IRS/your CPA cool with the idea?

In trying to be more helpful, I came up with two additional ideas:1.