Fractional Ownership or Airbnb? Which would you recommend?

[Sandy Sciales]

So we originally planned to move into the home then decided to keep our daughter in her current school. We have renovated this beautiful 4 bed, 3 bath Pool home on Amelia Island, it's a bike ride away to the beach, 7 minutes by car. Hence we do not want to sell it because even with the renovations, it is a great value with equity already.

We are furnishing it with a beachy theme with the intent to airbnb the place to cover some of the costs. Now I am thinking twice especially since we reside 6 hrs away in another state.

I see fractional ownership advertised on realtor.com and thought that a family who also have a vested interest in the property would take better care of the home than the occasional vacation tenant.

If you have any experience ( with fractional ownership - or airbnb remotely) that you wouldn't mind sharing with us - we would greatly appreciate it.

Sweet summer to you!

Sandy & James

[Wendy Schultz]

I would opt for short term renting over fractional ownership too. Trying to get several owners to agree could be more headaches than it's worth.