Maybe you can direct me to a resource.

@Gladys Cepeda It is always a tough situation dealing with an unprofessional HOA board. 

What made you interested in investing in this type of deal?

I would personally like to make the homes as affordable as possible because so many are struggling to get into homes right now and I would really like to help in any way I can (I'm the only one involved in this deal that feels that way though...)3.

I have had cash tenants and Sect. 8 that display that sort of mindset and usually you can see it in the screening process.....as soon as I see it, I am able to gracefully slip out of the conversation and go a different direction.   

Perhaps they would entertain it as part of the deal as a cashflowing rental for them?

From there you'll need to determine Debt Service (if it's a financed deal) and Capital Expenses, to then calculate Cash Flow.The Cash-on-Cash Return (CoCR) will just be Cash Flow divided by the All-In Investment (Purchase Price + Renovations + Closing Costs + Wholesale Fee).If you're wholesaling these deals, I recommend you aim to offer your buyers a Cash Flow of no less than $250/mo and a CoCR of 10% or higher.

Also depends on if you will ever want/need a roommate, one advantage of a 2bd is obviously if you are ever in pinch you can rent the 2nd bd, but if your pretty confident that’s not something you’ll do, I’d lean newer 1bd, not to mention that’s where the best deals are right now.

I don’t know that there are certain buildings particularly and heavily populated areas that do not allow for Airbnb rentals but that’s completely different Love you deals directly with the homeowners Association of the property and not necessarily Airbnb or the state of Florida.

Most of the time, it's not one big thing that cancels the deal.