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Reply to "AirBNB in Arlington (or advice for new landlords)"
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[quote=Anonymous]I own a SFH rental near Ft. Belvoir as well as an AIRBNB a couple hours away. If I were OP, I would start off with a long-term rental (i.e. a year lease minimum) with a military tenant. At Arlington rental prices you are most likely to get a senior officer working at the Pentagon, Navy Annex, etc. There are several Arlington SFH listed on militarybyowner.com. so you can see some comparable nearby properties to see what kind of rent you may get. You are not going to be able to charge enough in Arlington to cover a new mortgage/taxes but you will have a solid tenant who will significantly offset the carrying costs while you (hopefully) get some appreciation and decide whether this whole venture makes any sense. If you are not going to live in the property half time (or lie about that) then I don't see how AIRBNB is even an option for you.[/quote]
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