Short term vs. Long-term in economic downturns
I’m curious to hear people’s take? I’m looking to convert a yearly lease rental property in Salt Lake City to an AirBnb by the end of 2021. But I’m pondering the following:
During housing/economic downturns, what do you all think will perform better? Short-term or long-term?
I’m appreciate the input as I consider my options venturing into a new type of rental.