Updated almost 6 years ago on . Most recent reply
Hybrid Rentals- Experience, Advice, or Thoughts
I'm curious to hear from people who have experience with what I'm calling a hybrid rental (part traditional long term/ part STR). I'm thinking like a duplex where half is a long term rental and half is an STR. Or perhaps a rental home with an existing ADU kept as an STR. I stayed at an Airbnb duplex in Salt Lake where half was also a long term rental.
I am fortunate to have a good amount of time off, and lately I've been intrigued by the possibility of having a rental in an area I like that my wife and I could also use occasionally (hence portion as STR) on vacations.
If anyone has experience with rental setups like this, I'd like to hear how it went. What considerations are there? What worked or didn't about the setup? Etc.