I have a Air Bnb in New Orleans can't be rented now..

[Louis D.]

I got a one year lease and partnered with someone to manage it. Got written approval form the landlord to Air Bnb.  It was doing well and making a profit within four months and heading towards Mardi-grass things looked good. I made supper host status (my partners are rock stars) and starting December new ordinances require a permit to do air BnB and permits are not given to non owners. 

I have the option to buy. (current location not for sale)

Sub lease (with owner approval) and get out. Sell everything 

Sell everything together as  package. 

Rent month to month. 

If anyone has any words of wisdom I'm listening. This is my first attempt so I have limited knowledge.

I also will entertain doing an Air BnB in my Sacramento area and put my five star super host rating to work. 

Any help will be appreciated. 

[Luke Carl]

So what do we call this? Wholesale arbitrage? 

This is the first I’ve heard of someone getting a lease and making someone else manage it.

Not even sure what you’re trying to sell? The furniture? Just move on. 

I don’t think you’ll get much love around here but I wish you luck!