SF bay area -

[Bora Moon]

Hi, I'm in the East Bay area and started marketing for my 2bed house both as a mid term rental and long term rental. Listed it on Furnished Finder, Facebook, AirBnB, Zillow

As a long term rental, in one day, I got 10 contacts, 7 out of whom filled out my pre-screening questionnaires and disclosed their income, etc and at least 4 of them scheduled a showing for this week. I think this is a pretty decent demand. They are all quality tenants making at least 15k a month and seem very enthusiastic because the unit is fully upgraded with high end finishes and appliances with private garage and backyard. They all can move in in a few weeks. 

On the other hand, I have not received any response from leads in Furnished Finder as a mid term rental. I priced it only about 14% higher than the long term rental which matches traveling health professionals' budget on Furnished Finder.

So I'm leaning toward longer term rental because even if I secure midterm tenant, that 14% more isn't really worth the potential vacancy. I wanted to do mid term because I've been living here and already put furnishing in, but if it's not in demand.. I'll just do long term rental. 

But I still want to hear how others are doing and see what I could be doing wrong. One hypothesis I have is that this is a very safe residential area in Oakland where a lot of people say it's a place they want to grow family in. There are a lot of young families in this neighborhood. But it's not in walking distance to hospitals or downtown. So this could be an area that is just more attractive to longer term tenants? Or does it not matter? 

Thanks!