Challenges?

additional challenges are the inventory shortage and good contractors being extremely busy. 

This negative initial cash flow improves quickly.  

I never paint, swap rugs (except flooding), or do other improvements on rent controlled units This can lead to blight.Who benefits from rent control?

Hi @Greg StrunakScaling an Airbnb business is an exciting yet challenging endeavor, especially when it comes to managing the finances as you plan to pay yourself.

That property is now a reliable source of rental income and a constant reminder that success starts with taking action, learning on the fly, and embracing challenges head-on.

At my point in life everything I own is both a cash flow superstar and appreciating nicely, because I'm invested in growing, popular areas.If I was just starting off now, I'd probably be aiming for value-add in good areas where I could either live there while improving the unit(s) - ie a duplex, triplex - or where I could trade sweat equity for profit, or both.

My goal for 2025 is to ask for feedback from clients to improve our onboarding process.

I have spent 20 years climbing the ladder working for global corporations and that tends to always keep you challenged. 

These systems are becoming more sophisticated and (my favorite) capable, leading to improved user experiences and potentially freeing up human employees to handle more complex tasks and interactions.