Is a VRBO Style Rental a good or bad idea

[Ben Israel]

What are the general thoughts in owning a single family or even small multi family and generating income thru VRBO/Airbnb?

[John Underwood]

As everyone else is saying it depends. It depends on if you buy the right property in the right area and are mindful of any regulations that may affect you.

I have a VRBO on a lake close to a university. I am booked year round. Families take vacations here in the summer. People come to fish in the spring and for tournaments. The college draws in at top dollar for events like football games and graduations etc.