Using 1 unit of a Multi unit for Airbnb

[Jason Jebeles]

I have a 4 unit apartment bldg that I have had trouble renting 2 of the units.  I went a little over board on the rehab and now am asking a bit higher than market for the rent.  However with 2 units being rented I am able to almost cover my costs.  I have a pretty successful airbnb that I operate out of my basement.  My question is, has anyone ever used any units of an apartment bldg for short term/ vacation rentals?

[James Carlson]

@Jason Jebeles

Some good advice above from @Julie McCoy and @Paul Sandhu I'd just add to be sure you know your local regulations. You're just outside of Birmingham, but every city's different. (Like, here in Denver, the Airbnb rules are pretty strict. Just an hour south in Colorado Springs, they're wide open.)

Something tells me that Chelsea, Alabama does not have any rules prohibiting short-term rentals or Airbnb -- especially since you've already been doing it -- but you'd hate to go through with furnishing two more places for it to fall through. 

Good luck.