Great idea for a hustle, I thought about doing it myself as well. I would probably opt for a studio just because why pay for the extra space and extra bedrooms when most people are probably in town on business or just looking for a place to store their stuff and crash while vacationing or partying in a new city.
My one hickup on this is how do you handle getting keys to people? I doubt your buildings door guy is going to want to be bothered everyday giving and collecting keys and it would be kind of a hassle having to do it myself.
My other concern with the Airbnb thing is though it would be a huge money maker if you could have it rented every day of the month I'm guessing its primarily weekends and maybe a couple weekdays with business travelers. Unless you have the place occupied all the time it's probably easier just to rent it to a individual on a standard lease and have more of a gurnatee.
The one flip side I thought about would be buying a two flat in a cool area and living in one and renting the ohter via airbnb and that way getting people keys and stuff is super easy.
My one hickup on this is how do you handle getting keys to people? I doubt your buildings door guy is going to want to be bothered everyday giving and collecting keys and it would be kind of a hassle having to do it myself.
My other concern with the Airbnb thing is though it would be a huge money maker if you could have it rented every day of the month I'm guessing its primarily weekends and maybe a couple weekdays with business travelers. Unless you have the place occupied all the time it's probably easier just to rent it to a individual on a standard lease and have more of a gurnatee.
The one flip side I thought about would be buying a two flat in a cool area and living in one and renting the ohter via airbnb and that way getting people keys and stuff is super easy.