Lease a home and then SubLEASE as Vacation Rental?

[Bryant Hull]

I am just curious if this is common or if it is being done in a systematic way. I own a decent sized property management company and I thought that this might be a way to generate additional cash flow within my company. Approach existing clients with the prospect of me renting their home with the intent to sublease it as a vacation rental. Obviously I would have to furnish the units and outfit it and deal with the constant turnover.  I am not sure how complicated it would get but I am liking the idea. It would be nice to talk to someone that has successfully pulled this off while being upfront and honest with the client. If you are doing it, what software and tools do you recommend?