So he built The Arbitrage Empire, a done-for-you service that sources, sets up, and manages short-term rental units for clients who want the cash flow without running the day-to-day. The Arbitrage Empire operates as an active property management company. Real names, real locations, real portfolios that anyone can cross-reference against actual Airbnb listings. The pitch is straightforward: keep your job, deploy your capital, collect cash flow, and let someone else handle the 2am guest lockout calls. Short-term rental arbitrage has drawn plenty of interest over the past few years, and plenty of skepticism.