“In 2012 I bought an apartment specifically to rent out on airbnb. I’ve been managing it remotely for the past year. This post includes everything I learned as well as some revenue numbers.  There’s a lot of places in the US where house prices are still very cheap. It’s possible to find a nice apartment in a major city for less than $50,000.  The place I found was in Las Vegas and it cost $40,000. It’s a 750 sqft 1 bedroom, 1 bath. There’s a shared pool with a hot tub and even a tennis court. Perfect for the weary traveler who wants to relax after a long journey.”

http://needwant.com/p/buying-apartment-airbnb/

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