@Robert Collins, I agree with what @Trevor Ewen mentions and think of AirBnB as the following:Assuming you can rent your property as a 12 month rental or chose to use AirBnBPros:  Generate higher yields in the short term, creates flexibility for your property if you also like to use it.Cons:  More management overhead, cashflow could be unpredictable, higher property wear and tear, economically more dependent, on the hook for utiltilies (internet & cable) and upfront furnishing costs.If you are taking an arbitrage strategy where you are renting from a landlord and then creating a spread. 

I guess there are two other considerations: (1) a lot of time and effort goes into lead generation and (2) these sellers don't want to be passed off to other buyers.

(www.turnkey-pg.com) We specialize in providing outside investors with cash flow generating rental properties.

I am generating leads!

I am on the fence about this deal... asking is 600k and total costs would be about 3700 (with PMI) through FHA at 3.5 and can probably generate 2100 in rent while living in the granny suite.

I do ask our guests to put out the trash they generate on our weekly trash pickup.

So if you can't use the losses and you just generated a $200k loss, there's no real benefit that year.

"the dwelling unit is so constructed that heat or hot water is generated by an installation within the exclusive control of the tenant and supplied by a direct public utility connection;"Do i need to submeter from utility or I can submeter after the main building meter for Heat or water.

Most on BP have no clue about real property, we never talk about the social aspects of a home, never talk about what housing means to the community, the tax revenue generated, the amenities government provides, the security that shelter provides or any of the basic needs we reap from a residence. 

There is no point in investing in a building in which only your own cash is generating the cash flow.