I suppose, but I have personally found you can actually get higher rents through Airbnb. This might change as it becomes more popular, more clientele, etc. but we've made more on Airbnb as landlords (including fees) then we did just doing it all ourselves.
Don't forget all the marketing, time spent with potential renters, background checks, etc you have to do on your own.
And in the case of renters, they usually have to pay a broker's fee (if used) which is typically 1 month up front. So 8% right there plus if you factor in time value of money could be more.
Don't forget all the marketing, time spent with potential renters, background checks, etc you have to do on your own.