Rental Arbitrage for Newbie
Hello,
I am new to the real estate investment scene, I have yet to do my first deal. I am planning to do a house-hack while I finish college but I am held back currently by lack of consistent income due to my student status, which heavily limits financing options, as well as a general limited amount of available cash.
I came across the idea of rental arbitrage. Renting a property from an existing landlord and sub-leasing it on Airbnb. From what I read it seems this good be a good strategy to get into with a much smaller capital requirement. I would hope to utilize this to generate some capital to move into more traditional buy and hold rentals.
Does anyone have any experience with this strategy? What major considerations should I take into account? How would you get started?