FHA for 4-Plex; Rehab; AirBNB model
Hi,
I have 6 airbnbs in nyc, and am looking to begin buying my first property- potentially w FHA loan. I'd like to buy a 4-plex, live in one to start, and manage/ airbnb out the other 3, in a solid airbnb market.
Does anyone have any recommendations for good cities for this type of model? I'd say Nashville, but it seems like it's overbought and perhaps airbnb renters look for larger houses given the bachelor party crowd. I'd be looking more for 4 units each which can accept 6 guests (2 bedroom plus common space pullout sofa). Any ideas for how to find a property like this or any other thoughts would be appreciated.
thanks