Air BNB profitability

[Ryan Dosenberry]

Air bnb hosts,

I know it depends on many factors (location, rates, occupancy, etc) but I’m curious to hear how many of you have been profitable even when outsourcing all management costs? I am looking at the Chicago market either city or suburbs where we have family and can use when we need it but otherwise have someone else manage the rentals. What should I expect to pay a management company? Seems like they would require a much higher percentage with air bnb‘ than long term rentals.

Thanks!