Should I rent out my apartment on AirBnB ?

[Rob Bianco]

I have a 6-plex building in midtown KC located between the downtown area and all the major hospitals and a university. It's a nice area, but finding long-term renters can be a challenge, especially in the off-season. A friend of mine suggested the location is perfect to do AirBnB and I've really considered it, but before I invest in all the decor and furnishings I thought I'd ask if anyone here had some thoughts on the matter?

I am well aware I'll have to pay utilities for the apartment and my insurance costs are going to go up. Furthermore, my parents think my renters occupying the other 5 units are going to get upset and non-renew at the end of their lease if I start treating 1-2 units like a hotel.