The truth is, a good host will spend time managing each rental.

Short-term rentals (STRs) could work well in vacation-heavy areas, but they require active management—considering a co-host or property manager can help offset time constraints.

@Lauren Lewis, also one of our members Barb Mayne hosts a monthly meeting for the Topeka / Lawrence areas - it is on the MAREI Calendar and she also has a facebook group and a group on meetup - eKARI  Eastern Kansas Association of Real Estate Investors.

It's becoming nationally known, so hosts who manage their properties correctly are still seeing wonderful revenue numbers!

When I co-hosted in Allston, MA (Boston), the owner tried a similar approach, but we ultimately stopped because it wasn’t working well.

I have a furnishing and design team to help out if you’re not wanting to come down personally and I also co-host at a discounted rate for my clients.  

Our Frequent Users of Airbnb or VRBO discount was launched one year ago and because Airbnb is heavily based on reviews of both guests and hosts, we set the bar higher. 

I did another podcast today and the host asked me this question. 

There is a good one in the Stamford area hosted by Brandon Chisholm.  

Some hosts also accept bank transfers, but you’ll want to ensure payments clear well in advance of their stay.