Make money online: YES

Rental arbitrage is a side hustle that involves leasing properties and then renting them out on platforms like Airbnb for a profit. It is a remote-friendly opportunity as you can manage the listings and bookings from anywhere with an internet connection. However, setting up this business may require some in-person activities such as viewing potential rental properties and coordinating with landlords. Many individuals on forums like Reddit and Twitter have shared mixed experiences with rental arbitrage, with some finding success while others facing challenges such as high competition and fluctuating rental demand. The success of rental arbitrage can depend on factors like your location, access to desirable rental properties, time zones for managing bookings, and the equipment needed to maintain the properties. Potential red flags include unexpected costs for property maintenance, legal issues with landlords, and the need for constant marketing to attract guests. Overall, rental arbitrage can be a viable side hustle with costs ranging from $500 to $2000 to set up, but it requires careful planning and ongoing effort to be profitable.