Which is Better? Short Term or Long Term for SWFL House??
Interested in hearing from others regarding the returns on a Short Term (Vacation) rental vs. a long term rental. I just purchased a SFR in Bonita Springs / Naples (SWFL) area and am contemplating whether to rent it as a short term vs a long term rental. It's about 1 mile from Barefoot Beach, so I would assume it would make a good vacation rental due to the proximity to the beach. Interested on the vacancy rates for on-season and off-season as a Short Term. I looked at VRBO and there seems to be alot of properties that have pretty full bookings for on-season, but not so much for off-season. Can anyone provide some further insight? Would I have a better ROI doing Short Term or Long Term?