I also have hosted an international student with a program that pays.

In the end there was a multi million dollar renovation that caused many families to have to sell their units.

For Airbnb, research local regulations in Las Vegas, learn pricing optimization tools, and consider co-hosting to gain experience before owning.

I think you had the almost one in a million situation.

The main reason that I like the larger units it that a 4-plex ranges from roughly 1-1.5 million in my market. 

.- The property is now worth over a million dollars now. 

srs...I would probably go with something similar to host a luxury glamping experience with electric and running water/septic to encourage longer stays.

You're definitely on the right track if you're already an experienced MTR host.

I could never buy land in brickell it's more than 300 million per acre. but in columbus I can buy an infill lot for 40-60k within 1mile of Downtown Columbus. we looked at hundreds of Floorplans and found that 2 bedrooms seemed to be better than 1 and we wanted a tight compact floorplan that could get high rents. rents are higher Downtown Columbus and property values are higher Downtown Columbus by more than 40%. after that we wanted 4 units but it was commercial so we stuck to 3 units because it's residential. in February of 2024 we submitted our first design of a stacked triplex that is 2 beds 1 bath. after design changes, we now have about 7 approved in our market. all of the underwriting of banks is based on long term rentals.

Having one nearby so that you can manage it better means that you will spend more time cleaning and maintaining rather than hiring someone else to do it and thereby get host burnout in a few months time.