Gross Rent vs. Airbnb Rent

[Brandon Raeburn]

Hey, I'm new to real estate investing but spent many years watching my dad and uncles do many house flips, brrr's, and rent holds. However, the events that always stood out to me was how terrible some of the tenants could act and treat the property. Also, to get disruptive and non paying tenants evicted in NYC took almost a year. My first property will be nothing less than a 4-plex or Multi-family rental property. I'm leaning more towards using the Airbnb because of the more transient nature (so I won't need to deal with bothersome tenants for extended periods of time) than a traditional rental. Will I lose more money on a monthly income by doing this? Will I average more ROI? Is there a different process for filling taxes using Airbnb as income? Are there tax credits for transient rentals? Will I need to provide food for the guest? Please all and any insight on this matter will be appreciated.