## The 'Passive Income' Myth
TikTok "gurus" sell courses on Airbnb Arbitrage, promising massive passive income. In reality, it is a highly leveraged hospitality operation on top of an illegal or gray-market sub-lease, extremely vulnerable to minor dips in macroeconomic travel.
### FAQ
**Q: Why is Arbitrage so dangerous?**
A: Fixed costs vs Variable revenue. Your landlord *requires* their $2,500 rent check regardless of whether it rains every weekend or if a pandemic halts travel. To cover rent and furniture, you must maintain intense occupancy rates. When the economy tightens, and overall travel occupancy drops from 80% to 55%, the Arbitrager wipes out their entire profit margin, but is still personally bound to a 12-month commercial lease they cannot exit.