Since they are responsible for maintaining the relationship with you after the transaction closes, this approach adds an extra layer of confidence and security to your investment.

Why are you entering a hospitality business to automate your (im)personal responses when guests have an issue?

You would be violating Airbnb's terms of service.I really appreciate your experience and how long you’ve been in the space, but it’d be a disservice if I didn’t tell you that these very short, non-productive, blunt responses add no value to this conversation.

Multifamily properties, however, can generate more cash flow and spread risk across multiple units, but they come with more management responsibility.

Make sure both parties fully understand and agree on:How profits/losses will be split Who is responsible for what (e.g., repairs, management, communication with the seller).Exit strategies in case things don’t go as planned.When you do find the right partner make sure to create a joint venture agreement that outlines all of this clearly.

In that case you do bear the responsibility when said supplier turns out to be a fraud dont you think?

Response for Sara Salinaro: Hi Sara, I love the ambition—starting with a clear long-term goal like large-scale hotels is how you make big things happen!

Be sure you consult your agreements with them as well to determine if there is some other action you are responsible for.You may also want to contact your insurance to find out if and when they may step in and do something.

Appreciate all of the responses.

I did approach them about a year ago about getting $25k credit line per property, and the response I got was basically no.