Unless you're in a Class A Neighborhood like Palmer Woods, Indian Village, Sherwood, etc,. the additional rent probably won't support the cost to build:(More profitable to take the build funds and buy another property.DM us if you'd like to discuss more...

But - we all know (and the facts support this) many of those on welfare are fraudulent.

Providing strong supporting data from your Airbnb bookings, market comps, and STR reports will strengthen your case and help you close faster! 

Even if these relationships don't go anywhere, you'll get a lot from just having a couple of calls.Next I would try to find some local investment groups/communities and try to chat with as many investors as you can to get an idea how other's started out in your market.

You would need to tap into what the market may draw because not all markets could support this type of guest avatar.You may be able to get just enough bookings to at least cover your monthly expenses by leaning into your listing and how you market the property.

To help support that avatar, try and have on-site parking and ideally a place where a large work truck can be parked without issue (think fully decked out F-350). 

At my age, I wonder if it’s too late to "get rich slow," as is the case with most real estate investing.I’m curious: is there a section of this website or a community that focuses on late-start investors?

Hi There @Kyle Kulhanek - Welcome to the BiggerPockets Community my friend!

Quote from @Penny Wilkinson: I'm in a community of 10,000 and deal with this quite often.

I own a recruiting agency, and I always do my best to support my candidates, getting them an extra $30k-$50k salary if possible, and making sure they're going to a better place.