re: Airbnb Host, anyone know what the city of New Orleans defines a bedroom as?

Yes very nice in a great safe area.(its New Orleans nothing is totally safe) However the place is only one part. I know several people with places just as nice that don't make as much. Its all about the details and the photos. I spent 12k up front to fully furnish brand new and had professional photos done. I know others who took i-phone photos and furnished via craigslist and they get much less in a similar 3 bed condo. It took me a little bit longer to break even but it was well worth it.

I have one that's mine and another I manage. Both do well mine does a little better mainly because of the extra bedroom. 3 bedrooms seems to be the sweet spot. Couples don't want to sleep on a sofa bed so even though both sleep 6, the one with 3 actual bedrooms does much better. Really only bachelor parties and younger groups will use the sofa bed.

Got you. Thanks for the info. I'm gonna be doing this soon and plan on buying more in the future. Trying to find out as much info as possible. I'm interested in managing some also, so I'm looking into that too

And what part of the city is the one you manage?

Are there condos out there that will allow you to sublease? I called quite a few that already had Airbnb listings, and they said they did not. One real estate agent told me that they cannot enforce it. To just tell the tenant to say they are family, and you have a different family member every week, LOL.