Put the risk of non performance on the buyer.good luck

I own two Joshua Tree Airbnbs myself and have been happy with their performance.

We continue to buy performing and non performing notes, if we take properties back we also have a mix of holding some and selling some.

You need to know the existing performance and project the value you can add to it.

Starter homes and B-class neighborhoods tend to perform well, especially when rehab costs are controlled and buyers can see the finished vision.

Don’t be discouraged by the net worth requirement — you’ve already got a strong story to tell, and many lenders care more about the property performance and your track record.

Don't just think about the numbers, think about the relationship, transparency, and performance. 

Ask those same attorneys how the irrevocable trust will stop the landlord dispute, prevent a lawsuit in the event of a premises liability claim, payment or performance related dispute with a vendor such as a contractor or property manager.

I would definitely learn how to use Pricelabs to develop a compset and see how other homes are performing. 

There are passive options that perform too close to that to justify the extra work and risk.