Car Share Services - Way Better NOI than your Rentals?

[Landon Thomas]

$100/door and your good! They've all said it, but what if your asset is depreciating? New industries create new questions.

Car Sharing, its like Vacation Condo Rentals for your car. Because you've already hit it big investing in real estate, you have an extra Tesla... or two in your driveway? Well there are plenty of shared economy applications that allow you to earn extra cash off that battery powered ego machine(s).

Really though, what if you tried to make a car sharing service into a investment model? I researched a bit on:

-what vehicles where popular on these car sharing services, 

-which had lowest acquisition vs rental rates spreads, and 

-what areas of the country seemed to have highest demand. 

**Disclaimer** I have my own thoughts on why this likely would not work, but I'm interested to see what others think on the growing industry of 'Shared Economy'.**

So, NOI looks to meet the $100/unit requirement, would you still invest into a depreciating asset if it cash flowed?