Single family short term rental Pro and Cons

[Sachin Maskey]

Hi All,

I am trying to find Pro and Cos for Single family short term rental . I do believe there is lot of restriction for short term area in Newport areas unless the owner occupied or zoned as limited Business district .  I am trying to figure out what are the pro and cons for Short term rental for single family in Newport areas . Also in terms of property management what are major difference with management as compare to multifamily ?

Thank you 

Sachin