Rental Arbitrage Questions

[Susan Smeland]

Looking to gain insights from someone that is a landlord in this situation. My daughter put her house up for rent and has received two inquiries around this strategy. Thank you.

[Nathan Gesner]

Quote from @Susan Smeland:

Looking to gain insights from someone that is a landlord in this situation. My daughter put her house up for rent and has received two inquiries around this strategy. Thank you.

I advise against it. If her house is zoned for short-term and the demand is there, she should furnish it, hire a property manager, and enjoy the extra income herself while knowing it's professionally managed.

Most of these arbitrage people are amateurs living paycheck-to-paycheck. They will milk the property dry and disappear when the money goes away, no matter what their agreement says.