Looking for Insight into Renting vs AirBnB

[Danielle Jordan]

Hi BP Community! I will soon be moving out of my first home. I bought it knowing that I always wanted it to be my first rental property, however not sure if the best way to go about it would be Air Bnb or a Management property with a full time renter? My pro's and cons to AirBnB is that I love the flexibility in being able to use the home if/when I am back in town. However, that flexibility doesn't make for a guaranteed profit month to month to cover the expenses. Also - I will be moving to another state. So that also falls into the possible cons? For renting - I would use a management company since I would be relocating away from the area of the home. This ensures that I have a full time renter (hopefully). I was hoping some of you in the community could lend me some advice on which is the best way to start. Get my feet wet with AirBNB or jump in head first with the property management.

Would love anyone to share their experiences with me in either area or both and let me know what has and hasn't worked along your journey to becoming an investor. I plan to acquire more properties in the future this is just my first of many! 

Thanks in advance!!!