As an investor, and with others teaching and mentoring, a person in real estate should never leech off of a host.

Kendall is an amazing internet personality & self promoter but not a land educator.

This is also the best thing, because many out of state investors find it confusing and stay away, which keeps our returns much higher and wards off Wall Street investors from buying up swaths of houses, which we've seen in other markets.As an STR specialist, keeping up with zoning and regulation statewide is a huge part of my job.I also host monthly short term rental events for local investors, monthly webinars, and I also often get furnished, turnkey off-market STR properties.

I've read a lot of posts in the forum here on the pros and cons of this strategy... what I would love is some insights from actual PadSplit hosts on the assumptions/operating expenses to take into account when evaluating a property.

I'm an investor, agent and PadSplit host.

Last thing, don't forget, hosting IS a hospitality business.

But most likely you are going to have to find something else.What @John Underwood was getting at is that co-hosts or other managing people are very close to the property to handle all the issues.Also...

Recently I have been hearing about multiple hosts in Texas that are getting citations for operating a coliving facility with occupancy greater than the permitted number of unrelated occupants.

Why would you include internet in rent?

It doesn't make sense to partner with complete strangers on the internet that are mores likely to use your money and screw you over.