So, yes, it could definitely work on paper and even in execution, but it would require quite a bit of setup as it's something that would definitely need to be scaled if one was going to conquer more than just their local market - and that requires lots of people & lots of money.Personally, I prefer the tried & true model of metal sheds on concrete slabs so folks can store their treasures and running all of that with zero to minimal employees - the simple approach.So I guess in summary, the romantic part of me wants to change the world, but the practical part of me just wants to change "my" world. 

Adding in some value adds for one time increase in return (difficult via turnkey) could also help make an impactful difference.Simply managing units at $200/unit per month will not get him very far unless he goes true multifamily (A 50 unit apartment at $200/unit would provide a meaningful return and can scale).

I'm a big believer in the economies of scale and would like to focus on Multifamily Properties, specifically apartment buildings 5-16 units.

The City Planning Commission last met March 12, 2019 and voted to limit short-term rentals in residential areas to owner-occupied properties, sending the proposal to the City Council for a final decision.The plan forwarded by the council would also place some additional limits on properties in residential areas that are zoned for mixed-use, multi-family or commercial uses, treating them the same as traditional bed-and-breakfasts and making them subject to a restriction that limits them to one per side of a block.Under the commission's recommendations, large-scale short-term rental operations would be allowed in commercial districts such as the Central Business District, the neighborhood that currently has the highest number of licenses.

It's how I got my start (with 1 property) and now up to 20 total doors (and scaling).  

I don't know how much money you have, but using OPM allows you to scale much faster than tying up all of your own money in a single deal, etc.   

In general they will be pricier and less experienced because they do not have economies of scale and depth of experience. 

After having to file for eviction numerious times, we were able to get the owner to agree to down scale from operation three units to only occupying one unit.

It's a great way to gain experience and decide if being a landlord is something you'll want to do on a larger scale.

At scale, vet all parties.