Has anyone had success with Airbnb in the DC area?

[Erik Pierson]

Hello BP community!

My wife and I recently moved to the DC area. I have been interested/learning about REI for a few months now and want to get started here in and around DC. I was listening to Brandon Turner's podcast with Zeona McIntyre who is a very successful vacation rental investor. It gave me the idea of looking into short term rentals here in DC since it is such a popular tourist destination as well as travel destination for business and government people. I was wondering if anyone out there has had success doing short term rentals such as Airbnb in the DC area. If so, what has your experience been like as far as profitability, acquiring properties, working with property management firms, DC vacation rental laws etc. Any insight is much appreciated!