Dont be dazzled by this, it can also make less money and be a lot more work. is the wrong business for those who don't know what they're doing.Originally posted by @Nathan Wells:I was looking into using your rental property as an air bnb instead.

It won't guarantee nothing will go wrong, but will for sure help catch some surprises!

Am I completely wrong in my understanding of how this would work theoretically?

that contractor could have totally screwed up your cabinet doors by drilling in the wrong spots.

There are so many different niches, strategies, and suggestions when it comes to real estate, but in all honesty, in my opinion, most advice is an opinion now that doesn't mean that what people say is wrong or right it just means that it works for them and that it was they believe, but because of all the advice, you have to figure a few things.

If the work is done wrong or not finished, you're not stuck chasing after him because you haven't paid him anything.

This is all wrong. 

I've had to open up these basement walls 3x in the past 2 years for various crap that the flippers did wrong and I thought I was done with it.

Correct me if I am wrong Thanks,Daniel 

Obviously I would continue to set money aside for Repairs, etc, but that in reality even 6 months of mortgage could be wiped out pretty easily if the right thing went wrong.