Corporate housing - how to get started?

Question

I have a house that is remodeled and fully furnished. I was considering going through AirbNb but some of the members here advised against, due to the potential for damage to my (expensive) furnishings. I am also moving out of state, so managing the high turnover would be a challenge.

I am considering making it an "executive" or corporate rental, preferably long-term. I have a family member who I currently employ, who is available to do landscaping and housekeeping on a daily basis, if need be.

As I will be out of state, I would need to have a management company find tenants and manage it.

1. What are the pros/cons of this approach compared to a vacation rental?

2. How can I find a corporate housing management company? (basic search yielded only companies dealing with larger apartment complexes)

3. Should I just go through a regular management company to find tenants for a long-term lease and just make it a fully furnished rental?

Paul Sandhu · Answer

Look and place an ad on Craigslist and Angieslist.

Ada Tor · Answer

No, she doesn't speak any english and can only clean and do gardening. No property management or maintenance. I support her financially, basically.

Paul Sandhu · Answer

Your family member is also your cleaning person, maintenance guy, public relations manager, and your property management service.  Nobody will do a better job than someone in the family, and the money stays in the family.

My cleaning lady does the work for free, plus I get to sleep with her.