My condo is in a neighborhood that borders a trendy section of town in Austin, Texas. Downtown is a 5-10 minute bike ride away. Bus access is easy.
It's a one-bedroom, 482 square foot unit, and I'd like to rent it out and get the hell out of town for South By South West, the yearly festival that brings in hordes of tourists and brings the city to a standstill. I've been told that this can be pretty lucrative.
Since I won't be in town, how should I approach maximizing earnings (considering that I won't be able to clean between guests)?
Should I only take someone who want to stay all or most of the 9+ days? Should I assume I'll have multiple guests and try to hire someone to clean between guests? Also, since this is something of a party festival, have you ever had your place trashed by guests?
Any experienced advice welcome.
Thanks!