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Looking to diversify my long term rental portfolio with some STRs in the Gulf Shores/Orange Beach area but I fully admit I'm short the knowledge in that space.

Hiring a full time Property Manager will likely make it difficult to execute the Short Term Rental Loophole, but many Property Managers offer consulting to allow you to fast track your learning curve on providing exceptional service.

Both routes can work, it really depends on your risk tolerance and long-term goals.

@Isabel Cano reach out to @Josh Green if you are interested in running a successful short-term rental in the Tampa Bay area.

Like you mentioned, a lot depends on budget and whether you’re leaning more toward long-term or short-term tenants.If you’re considering Florida, I’d suggest looking at areas like Miami Shores, El Portal, and parts of North Miami.

I’m launching a short-term rental property management company here in the Raleigh market and would love to connect with other local managers and co-hosts.

Quote from @Brandon Lee: I’ve noticed some investors combining short-term financing for acquisition/rehab, then refinancing into DSCR loans for the long-term.

Hi, we are considering turning our long term rental property into a short rental.

This would be my first short term rental.