Can Airbnb house hacking be the key to building wealth?

[Mostafa Faghih]

I'm currently analyzing a theory that can help many people achieve financial freedom, but I need your feedback to validate it.

The idea is simple: purchase a property with a mortgage and put it on Airbnb as a short-term rental. Based on my calculations:

• If the property generates $2,500 monthly, and

• The monthly mortgage payment, management fees, bills, taxes, etc. are below $2,500

The property can pay for itself, and you can potentially buy a house with just the down payment.

However, I need your help. Have you or anyone you know tried this strategy? Can you share any records or experiences to support this theory?

[Luke Carl]

You buy a house you rent it out you buy another house you rent it out. Works for me!