My wife and I turned our Chicago condo into an Airbnb after we moved and loved being hosts. Our neighbors did not. We ran out for about a year and did have a few incidents with parties. We got much better about screening guests and making sure they were considerate of our neighbors.
Unfortunately, the neighbors changed our bi laws and forced us to stop. We're now looking for a new property in Chicago to Airbnb, but we want to make sure we have neighbors that will be ok with this.
Any suggestions for how to find out if neighbors will be a problem? We've even thought about giving them a percentage of the revenue to make them feel like a partner.
We really miss hosting and want to make sure we're thoughtful before buying a property specifically to Airbnb.
Dave