In the right location, this is a great option, Pro's, Single Family Airbnbs are easier to manage than a Condo and can have more value than a duplex. Con's, Increased security risk, potential party pad. higher costs and less zoning flexibility.
An Airbnb Condo is a great investment. but the risk is high.
Pro the condo amenities ( pool and Gym) really add to the guest's experience. Also, some times the utilities are included in your HOA dues (cable & Internet ). Con's, The Condo Assocation can turn your business off in a flash.
feel free to contact me for a Miami Airbnb Condo Guide.
Greatest Income Potential - Sky the limit. Pro's, a cash flow Cow. Con's, high cost and direct competition with Hotels.
This option has great Income potential and in some cases way cheaper than and single-family home or condo. Pro's higher income and more zoning flexibility. Con's security, potential parties.
From urban camping to airstreams. There are no rules!