I have been doing it for 4 years now, it is not a great source of income, more work, some of them are demanding, but better than having a vacancy.If you are not responsive, you might have vacancy.I basically charge little higher and make them pay one rent everything included.Provide everything except cable.

They could achieve higher returns mortgaged to the maximum on a 30yr with their cash in a income fund than sitting dead in real estate.

This is the same as private lending but a true hard money lender will demand higher interest and often points so I would only look to this route if the AirBNB rental is very profitable. 

You may ask, were the bills actually higher?

@Greg Horowitz  naturally if the property is older and not rehabbed you will have higher maintenance.

Brand new on the site and first post.My young adult son is on the autism spectrum, and with those challenges, is having some difficulties getting higher paying jobs/positions. 

They were RIDICULOUSLY higher than my local agent. 

I have worried about the "Zestimate", but never had a single person mention it, and almost every flip I have done has been similarly higher priced than the zestimate.

Make sure that it at a bare minimum meets the 1% rule....although often you will see it is higher than this. 

I have missed properties by my offer not getting submitted fast enough even with me having the higher offer.