AirBnB in Washington DC greater area (Virginia)

[Vladimir Khorikov]

I'm thinking about buying a 1 or 2 bedroom condo in Alexandria, VA (Landmark, Shirlington, etc). Does anyone have experience with renting such units in these areas on AirBnB? It's not DC per se, but close and I assume they could still be attractive for tourists.

What are the typical vacancy rates? Does it make much difference comparing to long term, traditional leases? Do numbers make sense at all?

I know it's quite a bit of work (not a passive investment). But I figured I could still make it work - my wife doesn't have a day job so she could potentially manage such a property.

Thank you!