Hey BP people, I created a spreadsheet to help underwrite and analyze airbnb and short term rentals. 

I feel like I have some value to give to a potential partner in terms of hustle and seeing some properties in my market that would be good brrrrs or flips.

Long story short.

I did most of the work other than appliances ect it’s very small 400 square feet total so it’s like a little studio with big glass sliding doors to a patio.Turns out someone called zoning and long story short I was told I can’t do an ADU.

I am on my second house hack and to be honest, the first one was a much better deal and makes more sense on paper BUT I got exactly what I wanted in terms of spacing, layout, and location for the second so it checked off a different set of boxes. 

Either offering a unit or two as short-term rentals available with a space of horses to stay as well; a horse motel is the idea. 

For the past two years, I have been doing mid-term and short-term rentals for two of the bedrooms. 

Please correct me if im wrong.That said it seems the airbnb short term rental business is doing okay (some cash flow?).

What are your long-term goals?

It’s critical you know your docs and are familiar with your terms in those documents.