MULTI FAMILY AIRBNB OWNERS?

[Shannon Smith]

Does anyone have a multi-family Airbnb (units within one house?) I am looking at a house that’s a converted single family. It has two 1 bedroom apts on first floor and one 3 bedroom apt (2nd and 3rd floors). The current owners occupy everything but one of the 1 bedroom apartments- which is on Airbnb and it currently grosses nearly $40,000 a year. The house is selling for $599k. Taxes are $4200 and I’d use the house with my family to vacation when it’s not rented during low season - so I’d get a 10% down second home loan. The mortgage all in, would be about $4200/month. This deal seems like a no brainer based on the fact that the income from just one of the units would cover 80% of our mortgage for the year. However, my questions revolve around managing multiple guests under one roof - I’d love to chat with anyone who may have hosted a multi-family on Airbnb. Thank you.