We often advise our buyers on a property’s income potential. This article makes some really good points. Short term the money is better vs a long term lease, assuming you’re located close to the draw (like a beach), and that the ordinance allows this use. On the other hand, and noted in the article – and I agree – the devil is in the details! People with no hands-on experience typically underestimate the time, money and resources needed to run a short term rental, with maximized income. We know all about this, so just ask!
