Leasing Apartments for Airbnb

[Austin Joseph]

Does anyone in the Austin, TX area lease apartments with the sole purpose of listing them on Airbnb? I'm an apartment locator and heard of another agent that has been working with a gentleman that does just that. I was originally under the impression that this practice was illegal, but I was told that you can get around this by acquiring the apartments under an LLC. If anyone has done this before let me know because I'm curious and would love to learn more.