On-site lodging gives our venue a competitive advantage over others without lodging, and also provides us an income stream on non-event nights (by renting them on Airbnb/VRBO/direct).https://www.battengreen.com/

Congratulationswhat you’ve found that both the INVESTMENT side of real estate, and theBUSINESS side are very competitive; therefore profit margins are compressed, so those “home runs” people like to bragg about are actually quite rare.  

Some of my competition don't even bother with Airbnb. 

However, the market is competitive, and rental regulations are becoming stricter.

Whereas I (and others) continually urge them to stop being lazy and do their own research....go on VRBO and ABNB and look at the competition. 1) What are they charging?

They’re built for heavy use and have faster drying times—usually 30–45 minutes—without needing major electrical changes.If you’re up for a bigger investment, adding extra stackable units in the garage could be a great long-term fix, though it’ll mean some electrical work and setting up proper ventilation.I’d probably go for the commercial upgrade in your current space first—it’s quicker and might solve the bottleneck right away.

Raleigh/Cary is what I know well, but the competition is steep.

Our tools are a reflection of our ability to rationalize...This, in turn, is where the competitive advantage is.Think about it.

As Andrew mentioned, you will have to be very price competitive to get January and February bookings.

The tough part about New Jersey is that it is very competitive and very tight on inventory right now.