Househack Short Term vs Long Term Rental

[Brandon Hunsaker]

I just bought a house and will be renting out the rooms, while I will be living in the basement.  The basement has the potential to have its own separate apartment.  I am trying to figure out whether to rent the rooms out as a traditional long term lease or rent the rooms on a short term basis (i.e. Air BNB).  What are the pros and cons of each approach?  Does anyone have first hand experience trying either a long term or short term rental for a househack?