Play STR arbitrage / co-hosting: ops in a regulatory minefield
Operators who can sell hosts, furnish units, and handle guest ops with eyes open on local law.
First dollar: Weeks for co-hosting; arbitrage needs deposits and furnishings.
Exact steps. Ship the smallest unit of paid value before you gold-plate.
Co-host (low capital) vs lease arbitrage (higher risk/reward).
Cities ban or cap STRs. Fines can erase you.
Cleaners, SOPs, dynamic pricing.
Reviews are the growth loop.
One building policy change should not zero you.
Related decks if this one is working or if you need a stronger wincon.
What you do on paper: Run Airbnb units you lease (arbitrage) or co-host others' properties for a cut, little or no property ownership.
Frequency: Many small operators (unmeasured)