House hacking with Airbnb

[Daniel Lehrman]

What's your opinion on house hacking with AirBnB? Here's what I've experienced travelling 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 and review system eliminates much of the host's risk of encountering an unpleasant guest. Worst case, it's only 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 and furnishing. There also might be more vacancies. But I like the idea of being a host! (rather than a landlord) Ignoring restrictive laws and HOAs, what is your opinion on house hacking with AirBnb? Love to hear from someone that's doing it!