Startup cost: $2k - $15k

The low-end estimate covers essential costs like a security deposit, first month's rent, basic furnishings (bed, couch, table), and minimal marketing (listing on free platforms like Craigslist or Facebook Marketplace). The high-end estimate includes a higher security deposit, premium furnishings, professional photography, paid advertising on platforms like Airbnb, cleaning services, and possibly property management software. Hidden costs can include maintenance, utilities, and unexpected repairs. Online communities often mention that while starting costs can be low, expenses tend to increase as you aim for higher quality and better guest experiences. For someone serious about this side hustle, budgeting for unexpected costs and aiming for quality can lead to better returns.