Airbnb vs Renting pros and cons?

[Nate S.]

   I've posted in the rehabbing threads about fixing up my house for a rental, but I've been thinking on doing Airbnb for the property as well. Treat it like a hotel but a house, I've read articles people making more money doing Airbnb.

  I'm going to be living in the property until I get my degree. I did Airbnb one time in Prague, rented a room for $30 which was good enough for me. I'm talking about a whole house 3 bedroom, 1 bath, 1 garage, deck and even a basement but the property is in Nebraska. There is not much tourism but mainly passing through. I just want to know the pros and cons on Airbnb, or anyone has had any good experience or bad with Airbnb?