Some companies have junk status for ratings meaning they are rated to have a high chance of default and failure.You can request business financials the last 3 years to see how they have performed and how they are trending.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Those last two are the most important thing.

Last question - do you find most banks require occupancy, i.e. 50-75%.  

The last thing you want is for him to accuse you or a prospective tenant of stealing something from the apartment while he was gone.

Reminds me of when we hit a big storm during my last cruise... wife and I watched the crew scrambling around to remove all the lounge chairs from the deck before they started sprouting wings.And thanks for the pointers! 

I've searched a bunch of FHA AirBnb threads on BP and wanted to be sure I'm understanding what I've read so far correctly.I purchased a multi-family last year.

The Heights is where you have a good chance to find one due to relatively consistent construction through the last 50 years on parcels of land that (at least started out) at a decent size, not those subdivided postage stamps in Rice Military. 

Seller remains the property owner until the contract is fully executed (last payment is made), buyer has benefits of ownership, but if something goes wrong, it's a contract termination not foreclosure.

I have lived here my whole life and been in real estate as an agent and investor for the last 11 years.