I've been running an airbnb apartment for about 4 years. But last year, I felt my profits margins were shrinking - either because of my not perfect reviews, or the fact that everyone and their mom got an airbnb. I'm glad i have called it quits last September and gave back the apartment! I mean, i would have been fine either way - long term rental units in my neighbourhood fly out like hot cakes. But being a host is basically being a glorified cleaning lady. The money started out good, but at some point I started questioning how much I wanted to do someone else's laundry every 3 days. And having dealt with airBNB over the year, they really suck and fight tooth and nail to not give you back any money ever for damage caused by guests. Quality has really gone down as a user too.