Thought of converting Skoolie into Airbnb

[Alex Rocco]

I am nearing the completion of a "skoolie" (bus conversion build) and am in debate over selling for a lump sum to help the fulfill my REI opportunities, or go the Airbnb route. If I chose to Airbnb, I believe I can generate a decent amount of cash flow, profitable within a year and a half, and still be able to fulfill my REI goals. Any thoughts? Located in Pueblo, CO. Thanks!

[Paul Sandhu]

You would probably be better off selling the "skooklie" and purchasing a typical residential property for your Airbnb.  I shared a mobile home with 2 ladies that shared a bedroom while I had another bedroom on the other side of the of the mobile home while in college.  There was an old school bus in that trailer park that someone had converted to living quarters.  It was next to some railroad tracks and a pond.  I would drink some beers and shoot at frogs in the pond with a wrist rocket while waiting for trains to come by and run over the pennies I put on the tracks.  I was in MBA graduate school at the time.