They want to pick up the phone and call or text and get an instant response from their cleaners.

I assume a higher upfront cost as far as land purchase and the actual build but you would have a brand new house, instant equity and hopefully maintenance free for quite a while.

Almost an impossible way to “get started” as you’re going to need full purchase price in cash on hand or a HML willing to instantly fund you. 

Bought house in 2020, so instant cash flow given the low rate and price.

So I get 15-20 leads for each booking on Furnished Finder, which is a PITA because of all the manual follow-up and manual paperwork required vs AirBnB and others with instant booking and streamlined tenant approvals/payments.

In our experience, things move in ebbs and flows and the speed of rental depends on your asking rents relative to competition.For example, there was a period of several months at one of our properties when a 3 or 4 BR unit came on the market it rented almost instantly. 

I view it as instant leverage.  

They force you to take instant bookings without any ability to screen guests.

In the end you always roll the dice on guests.I don't allow instant booking.

Now I get to sit back, relax and collect $2300/mo in rent plus about $100k instant equity because of how the market is over there.