Updated over 2 years ago on . Most recent reply

Long term rental or AirB&B in Danville, VA
I have a rental property in Danville, Virginia. Still a year or so from the new Casino opening there, and my property is vacant at the moment. Do I put another tenant in on a year lease and then short term once the casino opens, or should I start short term now. There is no debt on the property and taxes and insurance are cheap. I feel it may not do as well short terming until the casino is open but would give me some needed experience doing short term. So, do I short term or am I overthinking and just need to stick a tenant in it on a year lease?