dealing with Air BnB for cute little rental

[Bill Haldenby]

Hi all,

I have come across a cute little stone house that is currently set up as an air Bnb rental. present owner is only doing 7 night min`s. making 22K a year. Personally being in a summer tourist town I think cutting that down to 2-3 night min would look more like 32k a year minus cleaning service.  My question is really about air BnB. never used them, never dealt with them. No idea  if you can really profit from them or are they set to win while you lose? I am intrigued by what seems to be a turn key operation but I am more inclined to consider a two unit long term rental in the same area, thinking less day to day activity and work?

[Paul Sandhu]

If the owner is making money, why would he be selling it? Perhaps there are some rules/regulations on the horizon that will affect the STR market? I don't use Airbnb for my rentals. My online inquiries come from Craigslist. But my market is not a tourist market. It's a refinery town filled with travelling welders, pipefitters, boilermakers and other such ruffians. They chew tobacco in their sleep and have neck tats.