I think it is hard to deflate your lifestyle in the first half of your adult life, but once the kids are gone and you don't have as much energy/ambition for work, it can get easier.

We did a 2nd floor remodel where the bathroom window is almost a picture window because it was required to be large enough for a very large adult to escape and for a fire fighter carrying a tank to enter.We did a remodel of a 3rd floor unfinished walk up space that did not require a fire escape.

Unless the lender was blessed with an inheritance as a child or adult etc. they had to work really smart and hard to save up that money.With a new person getting a loan as a lender the deal would have to be so fat above normal ARV flip loans that if the buyer defaulted I could sell it off fast and get my cash back.

Last I checked, this forum is for mature adults to exchange ideas, advice and suggestions about "General Landlording and Rental Properties".

I'd stay out of it and tell the parents they will have to be adults and figure this out on their own. 

@Nat ChanThank you for saying what the rest of the adults are thinking.

@Lori F.As someone with adult daughters, I say go for it!

As @Chris O. asked, make sure they have verified their ID, and consider not accepting instant bookings unless they have a review.Lastly, before accepting them, ask them to confirm things like number of adults, kids, pets, anything you want so it’s captured in your airbnb communication log.

In my dealings with this tenant, he has been verbally combative and argumentative, whereas I tried to be as careful/courteous and professional as possible.This tenant has another adult person permanently living with him, not on the lease, he only identified as 'my fiance' - and refused to provide any identifying information on that person. 

If you’re an adult and you believe having the biggest pile of cash makes you happier than the man with a slightly smaller pile of cash, hold this L.