Personally, I stay away from the mainstream trends where everyone who is priced out of traditional long term rentals are now trying to rent out a room or a whole house on the daily. 

I did this a few years ago and it still looks good as new, but I recently read that its not recommended to use fix-it-all on the exterior of the home because it can absorb the moisture in the air and further rot the wood. 

Airdna shows the avg. daily rate around $400, which sounds really good to me and occupancy at 56%.

Local and state laws are changing on the daily so I think that the right Property Manager really helps with that but hiring a PM or self managing is always a personal call.

You’re missing out on tens of millions of people who visit these sites daily.

Mindset, daily discipline, refusal to give up, and having the life (healthy marriage, kids and self) you want is much more difficult in practice and often requires a teachers. :)Joe Fairless, Rod Khleif, Michael Blank (in no particular order).

The advantage of porcelain and vinyl in Arizona (as opposed to real wood), is that you don't have to worry about moisture issues (or lack thereof).

There are some good PMs, but taking 10-20% off the top would make it break even at best.Here is our place - https://www.airbnb.com/rooms/606577680390071886The 'blah' places are NOT doing well and there is downward pressure on avg daily rate, but with a high occupancy rate it is fine. 

I upped the daily rate a bit to make up for it.

I have over 70,000 vehicles pass by daily.