I have been trying to dig a little deeper into John's concerns and waiting to hear back from Airbnb on them.

I am concerned that it is a ponsi scheme.  

This is why is is extremely important that you use local resources who own STR's in the area or manage them at a bare minimum.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

This could be a huge problem, as the "the rent is too damn high" people will be extremely upset with huge surges in the cost of living, felt acutely in some major metros.3) 2027-2029 should see a return to a more normal inflation adjusted rent growth curve, with the caveat that if supply continues to remain relatively low, we could see national rent growth outpace inflation in these years as well, so long as interest rates remain high. 

How are you managing your properties in that area given that property management company seem to be extremely unreliable and seem to go under quite frequently 

additional challenges are the inventory shortage and good contractors being extremely busy. 

Now if you are seasoned and portfolio is mature and you are not as concern about maximizing income then I can see a migration to SFH might suit someone.  

Hi, @Andrew Holmes Thank you for sharing this--extremely helpful. 

I'm more concerned about appreciation and equity so I'm willing to trade the cash flow for it, but I don't want to be in a situation where I'm barely breaking even and the stress that comes with it.Looking for ideas how I can tap into that equity to grow my portfolio but still getting some kind of cash flow to be able to make the monthly payments1.