Introduced to the owner through another real estate investor in a college physics course.

And may present you with some degree of physical danger and you may need to be armed.....can you handle this lifestyle for a few bucks?

What websites do I look at to find multifamily properties, what do I look for in the property physically, etc.? 

I know option money isn’t typically taxable until the option is exercised, but I want it to be taxable prior so I can 1031.

Also, the term abated leaves us exposed because the payment has already been made).Condition of Premises (this requires a physical walkthrough and the description in the Airbnb is not enough to satisfy this part of the lease).Holding over (not staying for more than a month)Forcible Detainer (payment already has been made)Liability for Rent (payment has been made)Remedies Cumulative (the above states I am not protected by Airbnb policies and guidelines.

It looks like you are in California  - are you looking/needing a commercial lender that is physically located near Little Rock, or just a commercial lender that is licensed and does business in that market? 

Focus on 2 or 3 markets at most and physically get to those markets OR start educating your existing network about the benefits of passive investing.Hope this helps!

In my opinion, that is going to make a huge difference, since the most important objective is to get prospective buyers to physically go see the house and one way to do that is to get them excited about seeing them living in a space, furnished and decorated, etc. 

I would suggest being a limited partner in a syndication, you get the benefits of real estate (high returns, hedge for inflation, physical asset, and tax benefits for passive income), without any of the day to day work.

Also if you need to sell, I would be okay with breaking even on the property for a quick sale, however I would exercise every other option prior to going that route.