This isn't a bad setup at all, but still has some holes.

Additionally, there are many operators who simply don’t have that information.

You will have more wear-and-tear, simply because someone is occupying the house all of the time.

There just simply isn’t as much money to be made for the average Host in 2024.This increased competition, lower rates and occupancy, overly optimistic underwriting and lower travel demand post COVID travel boom does warrant a reasonable label such as “Airbnbbust”.TLDRThe environment has fundamentally changed and operators have had to do a lot more than simply list a property to profit heftily.

Typically, any "trouble" tenants, I would simply not renew with a lot of warning.  

@Patrick Fricchione, You will not create any tax consequences simply by converting the use of a property. 

Anyone that tells you not buy in (certain areas |) of East Cleveland simply has no idea what they are doing. 

Please feel free to DM me or simply call/text at the number in my signature - many thanks!

No doubt if you have the capital for either all cash or simply having a syndicate, cash flowing residential here can work. 

Make sure the flashing is appropriate for your roof slope.Fill in the larger hole for this vent using plywood with supports from the back if needed.