House hacking with AirBnB
What's your opinion on house hacking with AirBnB?
Here's the general idea of what I've experienced as a guest in San Diego and Vancouver.
You stay at property that has a guest house. We retrieve the keys from a lockbox, or a hidden location. Other than through the app, we don't communicate or see the owner during our stay. No awkward tension, no missed payments. Sounds pretty awesome for the owner!
Also, it seems you could make more money than renting to a tenant. AirBnB's rating system eliminates much of the host's risk of dealing with an unpleasant or unreliable tenant. Worst case, if the guest is unpleasant, it's only for a few days.
Now, I get that it may be more regular maintenance (changing sheets, cleaning bathrooms, etc.) than a traditional rental. Also I'm paying utilities. There also might be more vacancies. But I like the idea of being a host! (rather than a landlord)
Laws are different in various areas, and HOAs can be restrictive, but ignoring that, what is your opinion on house hacking this way?