New Trend: Coliving

[JJ King]

Hey everyone! I am super interested in the vacation rental industry and try to stay on top of industry news as much as possible. I recently came across this site called Outsite.co that has me thinking about a whole new market. It's called CoLiving. Think WeWork and Airbnb had a baby. 

The model is to sell digital nomads on this idea "Live anywhere in the world". As an investor, you would rent out large properties to members and guests for weekly / monthly terms. What they get is a community of like minded people, a place to work, and a furnished room.

How would one go about finding properties internationally or domestically to rent / buy? 

I was thinking the drama of different people living under one roof would be a lot more drama and management than the typical STRs I manage but maybe not. What are everyone's thoughts on this? 

[Paul Sandhu]

This sounds like the 2018 version of Jim Jones and Guyana in 1978.  Don't drink this Kool-Aid.