Airbnb or long term rental ?

[Faysal Alam]

I will be closing on a home soon in Queens NY , the mortgage will be around 4100 , so now I have 2 options for house hacking , one is rent out unit one which is a 3 bedroom which I can get about $2500 a month on , the 2nd unit is a 2 bedroom unit with a bonus room in the attic but does not have a living room , I could rent out 2 of the other rooms for $100 each so would get a total of 4500 a month , I'd be breaking even. Another option is to rent unit one and airbnb out the other 2 rooms for $75-100 a night according to the comps . With this way even at a 50% occupancy I'll make about 2250(at $75 a night 15/nights a month) instead of 2000 from the other 2 rooms . Another option I have since it is a 2 family I think I can Airbnb the full 1st 3bedroom unit which I can get about 175-220 a night (2625 @175/night 15 days / month ) and also the same with the other 2 rooms in the 2nd unit . so with all these options how can I narrow it down and what would make the most sense ?

[Paul Sandhu]

Go with long term. Judging by your overemphasis of the quantitative variables, I don't thing you can handle the qualitative portion of running an STR. If you get a PM, your returns will be the same as a LTR. So just go that route.