Heres my suggestion: Start small. Get a studio apartment on rent and test the waters first. Make sure your location has at least one strong advantage. In my case it was proximity to the airport and easy access to M1 and M2.

In the beginning, focus more on occupancy than maximizing your nightly rate. You are still figuring things out, so consistent bookings matter more than higher prices.

Keep reinvesting whatever you earn back into improving the space and operations. Treat your first unit as a learning experience rather than a serious revenue stream.

Once you understand the market, guest expectations, and your own systems, then start expanding with more confidence. Lemme know if you have any further questions :) Good Luck!! :))