The problem with this is that the examples are unrealistic. If someone knows where I can buy a website making $2400 a year for $3000 please let me know. The ma

The problem with this is that the examples are unrealistic. If someone knows where I can buy a website making $2400 a year for $3000 please let me know. The majority of the income in year 1 is coming from the rental property. A down payment for property will typically be between 5-20%. That puts the condo at between $125k-500k. I'd guess we're looking somewhere in the higher side if this is supposed to be on a beach where people are taking vacations. Condos have higher interest rates than houses. Rental properties have higher interest rates than your home. If we assume a $300k mortgage that makes mortgage payments around $1400-1500 a month for a 30 year mortgage with a fairly low interest rate. On top of that they have to pay HOA fees, mortgage insurance, home insurance, property taxes, and utilities. Let's be generous and say this brings us to $2000 a month total. A quick search tells me that property management for an AirBnB seems to start around 15% or more. Assuming they only pay 15% this means they need to bring in at least $3000 a month to have any chance of making the $550 profit. That might be doable but it means averaging $100 a night, every night year round. When it isn't tourist season they're going to need to have lower rates. There will be nights when no one wants to rent it regardless of the rates. This might be doable in some locations but it doesn't seem like something you can do everywhere.