A single property can work as both a long-term investment and an Airbnb rental, but it takes extra work to find the right deal and manage the short-term guests. If you're willing to put in the effort, it works.
Chapters
Can you have multiple purposes in one property deal? Yes, you can. Does that take more effort? Yes, it does. So what we're talking about here is, do I go and do a property deal that I'm happy to hold forever and a day, but I can actually do an Airbnb-style strategy and turn it into a cash flow play as well as a capital growth play? Is that a doable scenario? Yes, it is. But it takes some more effort to be able to track down that deal. And so then you've got, am I willing to go put the time and effort in to track down that deal and go and organise the management side of it and things like that as well? If the answer is yes, then cool, 100%, absolutely can work, no doubt about it.