What is you look to mid-term and Short term a property

Question

Yes I am looking to purchase a property in Pensacola and was needing a property management company but a unique type of rental. Our thoughts was to find someone that would want to rent the condo for 4-6 months in winter months and then Short Term during Spring/Summer months. This way we can choose when to come and use it as well. Let me know thoughts? Thank you.

Peter Mckernan · Answer

This is a good way to keep the property as a second home and use it at times. The one challenge with this strategy is either the homeowner/property owner spends a ton of time doing property management, or they pay a lot in PM fees to the tune of 15-25% of the monthly income to manage the property. You need to see what you want to do on those numbers and info. But either way there will be a lot of work put into the property for STR and MTR.

Arman Ahmed · Answer

@Duane A. Snow

Hey Duane, that’s a smart strategy for maximizing cash flow while still keeping personal use flexibility. I mainly focus on the Midwest, and what I’ve seen work well is lining up a property manager who can handle both mid-term and short-term rentals, coordinate cleaning, and market the unit effectively across platforms. Make sure your rental agreements are clear on timing and usage, and that the property manager has experience juggling the different lease types—it really helps keep everything smooth and profitable.

What is you look to mid-term and Short term a property

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