Personally, if given the opportunity to start anew, I would pursue this approach, as it offers numerous benefits.

Therefore, she's not going anywhere in May unless she wants to.I'd inform the tenant that you have incurred numerous costs with advertising and time spent marketing/showing the unit and had to decline a new tenant at a higher rent.

Now you need an entire system to cool, while the AC normally just piggybacks on the forced air heating.You are probably best of with whatever is considered standard in your area: thats what the market expects and you have the contractors and suppliers readily available to deal with issues.

I had numerous electricians tell me the old knob and tube was ok, but I will be replacing all of it in the future for piece of mind.

If AirBNB were a franchise instead of a platform, they would be in violation of numerous franchising laws and regulations.

This should tell you numerically what makes more sense investment wise........With that said, in most cases, all that really matters is that you live in the house that makes you happy and that you can sleep well at night.

There is no risk to those holding assets such as Real Estate, this has stood true over change of currencies too many to count, change of political systems, governments, wars too numerous to count, and so on.   

That being said, this can be very successful in the sense of having numerous tenants interested in housing in a college town such as Gainesville, but I'd be cautious with who the tenants are.

Water suppliers and treatment facilities are different as well.

Truth is it takes a LOT of “grunt” work, or the capital to pay someone to do the repetitive work of cold calling, answering inquiries, drawing up numerous offers that will never be accepted, sending out property sale notices to buyers that will never complete the purchase and will attempt to go around you directly to the seller, addressing post cards, placing “bandit” signs, etc.