It's one of the reasons I am in the process of building a hybrid apartment/hotel in PHX, which will have the STR benefits of automation, full kitchens, and separate living and sleeping areas while having a pool, gym, outdoor courtyard, fire pit, grilling station, central location near shopping and restaurants, efficiencies of scale, commercial zoning, and no residential neighborhood challenges.

The ability to market yourself and your masterclass, with some decent marketing knowhow is very easy in today's world.Add in realtors, wholesalers, syndicators, office and hotel and retail owners, the guy down the street that owns 5 rentals around town.This is a highly saturated, hard to penetrate business to be in.

Turnover management and booking strategy are the keys of success for this type where you essentially running your own small hotel.

Let me ask you, if you book a hotel do you book from hotels.com or some travel agent that may jack up the price ?

If you can't trust when you book an Airbnb that it's real and you're going to like it, then you're going to stay in a hotel," said Chesky.Customers have also complained about excessive cleaning fees when using Airbnb.In response to these concerns, the company said that over 260,000 listings have adjusted or eliminated cleaning service fees since it started allowing consumers to sort listings based on prices."

Examples like the Houston Chronicle Building, the Rice Hotel, and the Allen Parkway Village demonstrate successful transformations.

They can try their luck with hotels (which I'm sure they treat the exact same way.)

Like a hotel.

Don't go cheap on the furniture, go nice, but I would not go with new furniture....no charm, looks like a hotel room.

If we all strive to be everyone's ideal vacation home, we will end up with the lowest common denominator, the vanilla middle America hotel room.