College Town- How do I choose between STR, MTR, & LTR?

[Carley Higareda]

Anyone familiar with the Seneca/Clemson, SC area? 

I have 2 undeveloped lots that I initially thought to put a couple of Tiny Homes on. Clemson is such a busy college town that, (I believe) it would be easy to rent Short, Mid, or Long term. I just dont know how to choose and how easy it would be to switch between them if needed. 

Does anyone have any advice or tools or thought processes that I should consider to make decide which route to take? 

Also, if anyone is already experienced in the area, I would love to connect! Please reach out!

Thanks for the help! :-)

[Carley Higareda]

Quote from @Nathan Gesner:

Quote from @Carley Higareda:

Learn how to analyze property. Research how they are expected to perform under each scenario, then crunch the numbers and see what the best option is.

Here's a guide that describes how to analyze a property.

https://www.biggerpockets.com/...

 Oh this guide is very helpful! Thank you.