But I like what you are doing and if I digged into numbers I think my numbers would be similar: smaller for Airbnb where llast minute bookings are more common than on VRBO . 50 days average seems reasonable to me.As an input I think the last column should not be computed as a direct average, rather weighted by volume (either $ value or number of nights or even number of bookings).

That sounds like a investors dream Jay...I bet those home in Charleston were pretty run down so good strategy to just give em away to make way for new construction. there are some dealer and auction sites that i looked into that have them for very cheap and most are out on the east coast and south east to be exact. free to 1k sounds good, then i can do minor touch up work and get them ready for a tenant buyer. 

Since this is a buy and hold property this is not a problem for me and waiting is the cheapest option.I wish I've done this earlier because this lien was a heavy weight on my mind for 2 months.

We encounter this situation from time to time and we just explain to the potential tenant that we will more heavily weight their credit when considering their application and that we will need to see bank statements from wherever their money will be coming from to pay for their expenses. 

Just don't put any weight in the information that the wholesaler gives you.

Thanks everyone for the sound advice, I learned long ago that trusting your gut is important but listening to the knowledgeable and experienced advice of others can be worth it’s weight in gold.  

Reality is that with 5 kids your financial position and her dreams will not be achieved if she does not have the for site to realise status quo is never going to work.You need more income going forward simply to maintain your present life style.

You can argue about grit and moral fiber and self-worth all day long and why some people are really special and able to overcome personal difficulties because they're made of The Right Stuff, but poverty and abuse cripple people in many ways.When you're landlording low-income property, it becomes very clear to you that the American dream devolves into a nightmare for many people at some point.

That surprisingly is exactly what I dream of at night. 

One of the biggest was not following my dream.