If you can make it a genuine experience of some sort with a theme, then I think you really would have something! 

However, it's important to remember that there are often local laws and regulations that govern short-term rentals, and it's the responsibility of hosts to ensure that they are in compliance with these rules.As the popularity of short-term rentals continues to grow, it's likely that we will see more efforts to regulate and enforce compliance in this market.

I am asking because I am genuinely curious and want to absorb as much knowledge and perspective as possible.Thank you for the post @Nicholas L.

This is because 1) these value adds take time and effort 2) The time of these rehabs typically have zero income.  3) If I am doing a BRRRR, I only get 75% of the added value. 

Both from a Cash flow, Cash on Cash, Cap rate and appreciation standpoint far better than where we are at, with the same cost and effort. 

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

The difference is your to keep to compensate you for your efforts and the risks you’ll be taking on  

Also, please keep in mind that if you are asking a local property manager or agent outside of our network, they very well could try to steer you away from route in effort to do business with them directly instead of RTR. 

A genuinely good guy.The seller actually helped build the building with his father and uncle-he was a teenager at the time.The tenants are all on MTM leases, the building was making money at the time of purchase, but it is making a lot more today.

As you can imagine the attorneys had a field day with that - using those three terms a hold period of anything from 2 days to 730 days would be appropriate.In an effort to provide guidance my industry began a mantra chant back in the early 2000s - "one year and one day".