For the past five years, the playbook for achieving the highest rental yield in Nairobi was remarkably consistent: buy a mid-tier studio or 1-bedroom unit off-plan, furnish it with Scandinavian-style furniture, and list it on AirBnB. Investors flocked to Kilimani apartments and luxury blocks of furnished apartments in Westlands, lured by the promise of dollar-backed nightly rates and gross returns...