Medium term Rental airbnb and researching the approach

[Sarah Hansen]

Hey all!!

I've been trying to investigate MTRs vs. STR vs LTR. Just curious has anyone found a way to analyze revenue from MTR vs STR? And things such as the difference in taxes, insurance, cost of start up, cost of management, etc. I'm obviously digging into each of these bits. My thought was to have an AIRbnb and allow for both STR or MTR, but based on what I'm reading so far might be easier to instead have each unit be either just a STR or just MTR for the management company fees, taxes, and insurance sake? But also just figured I'd get an idea of how those of you who do MTR have gone about analyzing the value of it and doing the initial analysis phase. So lots of questions all in one. Just haven't been able to find much on MTRs. Obviously it feels like it's done less often so that's likely why.