Are you looking to stay focused on your businesses and spend minimal time on the real estate?

@Ben Rosenblum  Its great the airbnb worked out for you and eliminating the 1 night stays is probably the key factor in decreasing hassle. 

I’m glad to be here, and I’m looking forward to learning from others while sharing what I’m seeing locally.Here are a few observations from my side:In Phoenix, the model works best where floor plans allow for simple bedroom conversions, tenant demand is strong, and zoning is not a big obstacleRents in this space have stayed solid even while the luxury rental market has softenedNationally, PadSplit recently crossed 25,000 units in 25 cities and secured $40M in Series B funding, which shows how much demand exists for workforce housingFor those of you in other markets, are you noticing similar trends with shared housing or workforce housing?

Tenants will notice if yours doesn’t — and that can make it harder to rent or force you to drop the price just to stay competitive.Yeah, washers break sometimes, but honestly, they’re not a nightmare if you buy decent mid-range ones.

Happy to chat more over DMs if you’re interested.In general, the difference between co-hosting and full-time property management comes down to how involved you’d like to be as the owner.Co-hosting is a good fit if you want to stay engaged but offload certain tasks like guest messaging or calendar management.Property management is better if you’d prefer to be completely hands-off, with the manager handling everything including guest communications, maintenance, cleaning, turnovers, etc.However, there are two big benefits, in my opinion, to co-hosting over property management.

Where STRs differ (and why people talk about them more)Short-term rentals sometimes qualify as an “active business” (if the average stay is under 7 days or you materially participate).

You’ll make fewer mistakes, gain perspective, and stay motivated when things get hard.In real estate, collaboration always beats isolation.4.

.📉 Job Openings Stay WeakAugust job openings came in at 7.2 million — holding near a two-year low and far below the 2022 peak of over 12 million.

I just give notice of the new rent in accordance with the law and let them decide if they’re staying or moving.

You are defintley on the right track in terms of your thought process.Just a point of clarification/semantics:Short Term Rental - Usually a nightly furnished rental with perhaps a 2-night or 7-night minimum stay.