Show a solid performing AirBNB and then punch out a list of prospecting for arbitrage and also promoting yourself as a co-host. 

If you give your co-living home a name and vision statement, then tenants will take pride in their house and prospective tenants will be able to self-filter.4.

It may be helpful:I can give you some general info on insuring the property:Here are some things to look for from an Insurance prospective:1.Any in-ground tanks (active or inactive)2.Any Knob & Tube or Aluminum Wiring3.If built before 1978, does the building have Lead Safe certifications4.Any wood stoves or secondary heating units.

Hi BiggerPockets Community,I’m looking for advice on breaking even or generating positive cash flow with my studio condo in Prospect Heights, NYC.

Even still, it could be said that I've still lost money due to my time on the tools instead of prospecting as a real estate agent (the cost of lost opportunity).If you can truly do 80%-90% of the work yourself (at acceptable quality levels) and you aren't sacrificing your time where you can get better returns for your efforts, then yes, it can work even up here in Canada.

@Andrew KatzIn this situation, you can either (a) continue dealing with the pain of having your tenants that pay late and violate your lease terms or (b) deal with the pain of turnover but the prospect of getting better tenants. 

Only wasted time and many prospective buyers in the mean time. 

My absolute best advice with ANY STR prospecting is to contact the municipality in charge of regulating that area of region.

I'd recommend talking to local investors of your prospective cities to get positive and negative feedback, someone who isn't trying to sell you anything.Do you mind sharing how much capital you have to invest in?  

You can't send a prospective guest your number either (until after they book and pay).