Anyone have experience using the BRRRR strategy with STR?

[Ryan M.]

Hey y'all. I'm a new investor and I'm considering using the BRRRR strategy but renting short term instead of long. I travel nine months out of the year and I've had a lot of success renting my own home through AirBnB over the last four years. It now not only pays for itself but makes a decent cash flow even though that wasn't my original intention. I have a lot of the STR infrastructure already in place in my neighborhood and I think there could be a few rehab deals to be had in my area that would make excellent STRs.

Have any of you ever used BRRRR and STR together? Any hidden pitfalls?