Million dollars: Multifamily or short term vacation rental??

[Rosemary Saleeba]

We have multiple single family long term rental properties in our portfolio (being self managed) and are looking to add/diversify. We have about a million budget and are trying to decide between getting a tri or quadplex close to home for long term rentals and continue to self manage or invest in a short term vacation property up in the TN or NC mountains near a city with plenty of tourism (Gatlinburg, Asheville, etc.) what would you do and why??