They are often compensated much less than the cleaning fee the host charges guests.

Quote from @John Mason: @Andrew Postell Yes it doesThe whole point was that I wanted to buy a house which is inexpensive and convert into an airbnb a year down the line and obviously if I have  a pool with a nice deck it would mean more bookingsExample buy a house without a pool for 300 k, live in it a year and have the pool put in and then change it to STR and move out and buy another house ..I would target a home with an already built in-ground pool, but maybe needs some cleaning and TLC in the backyard.

I get offers all the time from agents wanting to learn commercial.

Usually, a seasoned, experienced real estate agent or broker could also provide insight to current market rules and the local sentiment regarding STRs that might influence future changes.Some markets have no restrictions. 

On a long-listed property not only can this work but the agent/broker may agree to contribute (or discount) some commission to make it work.

As an investor focused mortgage agent i'd like to provide some insight that may help you decide which market to invest in.

@Derek Fike I am a local agent/investor living in Orange Beach, AL. 

With a HH, you learn how to analyze properties & markets, how to find an investor-friendly agent, how to spot value-add opportunities at properties, how to engage in a strong due diligence process, how to screen tenants, how to create a strong lease, how to manage the property, how to build a network of contractors, plumbers, electricians and other pros, how to manage the book keeping of the property, etc., etc., etc.

The only reason that you can get a distressed property under market value is because it is a mess that the owner and pretty much 99% of the population either don't want to or can't clean up.

Purchasing a home in Arizona, no realestate agent used, since it was a new built.what should I be on the look out for, any Arizona Title company highly recommended, and escrow companies if the seller does not choose one?