Medium Term Rentals - Next Big Thing?

[Robin Simon]

Are "Medium Term Rentals" (1-2 month stays) the next big thing? I tend to think so as owners can trade max profits for lower costs, booking certainty & perhaps most importantly much lower regulation risk (most STR regs don't apply for 30+ day stays)

Very interest recent report from Airbnb - https://t.co/EPvz235Uyz

Highlights:

Interesting list of the top cities for these MTRs:
(Best Earning - some nice sleeper markets)
La Quinta, California
Delray Beach, Florida
Marco Island, Florida
Palm Springs, California
Indio, California


("Best Equipped" i.e. most listings - oversaturated or sign of a good market for MTR with robust demand??)
Irvine, California
Los Angeles, California
Cincinnati, Ohio
Cambridge, Massachusetts
Seattle, Washington

Most "hospitable" (most enjoyable cities for people doing "digital nomads" by working remotely in short spurts - also some good markets to consider
Bend, Oregon (93.7%)
Santa Fe, New Mexico (91.7%)
Boulder, Colorado (91%)
Key West, Florida (90.2%)
Fresno, California (90%)


What do you guys think?  Anyone switch from STRs to MTRs (30day+)

[Conner Olsen]

It's a great investment strategy and is less work than traditional STR. As Bruce said, there's a significantly smaller market. That being said, the demand far outweighs supply. I'm booked 90%+ with MTR.