Costs related to short-term rentals vs long-term rentals

[Matyndia Oyourou]

Hello, I am starting on my real estate investing journey. My goal is to buy a multi-family unit and house hack in Houston, Texas. I am trying to decide between renting out the remaining units short-term vs long-term and would like to know the costs involved with each. What are the fixed and variable costs associated with having a short-term rental vs long-term rental? What are some unexpected costs? Thank you in advance for your valuable feedback!