Airbnb vs traditional rental?

[Luke Borley]

I own a townhouse in Fort Collins, CO which is currently my primary residence. I'm either going to:

1. Rent it out full time

           - or -

2. List it full time on Airbnb 

The cash flow for my unit as an airbnb is a lot higher than as a traditional long term rental (to the tune of $1000-1500 approximately per month). I know there is more upkeep with cleaning, turnover, vacancy, and more risk. I've also confirmed that my property is in the correct zone to qualify and i need a lodging license with the city. I have experience as an airbnb host for just one room in my townhouse, but not as an entire unit.

Im leaning towards airbnb - Im interested to hear what you guys would do? Pros and cons?

Thanks!