Should I air BNB until a house sells

[Jennifer Roof]

I am about to buy my first flip house. I live near Pinehurst, NC and several famous golf courses. One is the location of the 2024 US Open. With houses sitting on the market longer, I am thinking of offering the house as a short term rental until it sells. I am thinking rent Mon- Fri leaving the weekend free for the realtor to show the house. I have taken into consideration extra repairs that may be needed due to renters. Also will verify with HOA laws before purchasing. What is your opinion of this approach and is there anything I should keep in mind before moving forward? Thank you so much for your time.

[January Johnson]

STR is a strategy and an investment (furnishings, learning to self-manage, hiring cleaners, etc.)--not a backup plan. Also, if you're near a golf course and don't rent it out on weekends, you might not have enough renters to make it worth your spend.

Realtors don't just show houses on weekends, either, so I don't think this is a sound strategy.  Either go all in on the flip and sell or all in on the STR, but don't try to mix them.  You will only frustrate yourself. Plus, you'll have to do something with all the furnishings after the sale as well.