Finding landlords that will allow for airbnb arbitrage

[Ji Hong]

Hi Everyone! 

I've been considering rental airbnb arbitrage for quite some time now. I've been doing the market research and narrowing down my search. However, every time i look into a city with what i think is potentially a good market, I tend to come across an issue of finding owners that will allow for arbitrage. 

1. There aren't that many "listed by owners" 
2. Agents tend to be uninterested in passing on the word the moment they hear corporate rentals, STR, or airbnb
3. Management companies run a lot of the listing in certain markets (ex. Kissimmee FL) and can't get in contact with owners at all. 

Has anyone else have had this issue or know a work around for this? 

Still learning a lot of the steps, but really determined to get at least one property off the ground this time! 
Any word of advice will be helpful! Thank you! 

[Michael Baum]

I wish I could give advice on this @Ji Hong and @Briana Smith.

The bottom line is a lot of complexes don't allow STRs. People don't want to get involved with an arbitrage situation. It is fraught with issues if things go south.

Most arbitrage folks don't have much in the way of down payment to buy a place so they try arbitrage. The problem is they don't have any cash to outfit the property correctly, take care of a major repairs and maintenance etc.

A lot of owners know this so they simple avoid the situation. It is a tough row to hoe.