I’m going against the grain here as one of the number one principles they teach in finance when I was getting my MBA, the time value of money.While professional photos may help improve the overall appearance and attractiveness of your Airbnb listing, it's better to list your property with decent photos taken by yourself rather than waiting for professional ones.

"long term" usually trips at the 30 day mark, these seems problematic as it does take away a lot of the market if you are looking to pursue the Air BNB model and weekend warriors during the summer months but there is a local market for 30+ days and folks are doing quite well as there is a large contractor, nurse, government presence in the area... just food for thought.As far as true STR goes reach out to planning in Va beach to get the actual information regarding what is and what is not allowed and where. 

Furniture, linens and food: You presumably provide guests with at least a couch, if not a bed.

If you're using Zillow, they may be operating with a local rate based on owner-occupied rates.Based on these numbers and the outcome I'm looking for (but again, I'm not in your market so take it with a grain of salt), I would probably look in the $330k-350k range for the final purchase price.Either way, good luck!

After that, it should be a bit easier (assuming you were profitable).Some suggestions I've heard (note: I have NOT yet done any of this, so take with a grain of salt) is to mention your successes when people ask "what's up?"

I'm guessing the cat sometimes jumps on the washing machine to get to the food bowls and scratches the surface when it can't make it.

I bought the ring on credit that will be paid off next month when the feast is strong. 5 years ago I would go eat at my mother's house because I couldn't afford food during the famon.

Purchase price: $3,100,000 Cash invested: $240,000 Farmers Market with 14 food vendors and 13 apartments above.

Karen, do you work for food?

Additional food for thought is saving some of the cash flow for repairs you may need.