Grand Haven/Holland MI Mid Term vs Long Term

[Luke Larkin]

Hi everyone!

I own several duplexes in Grand Haven MI that I’ve been renting out long term (6mo - 1 year leases). Every unit is 2 bed, 1 bath, about 750 square ft, each with own driveways and backyard. Cash flow has been great (at about $825-$900/unit, tenants paying all utilities), but curious if there’s possibly more potential as a medium-term furnished rental.

I’ve been hearing more and more about medium-term furnished rentals for traveling nurses, traveling business people, travelers wanting to spend 1-6 months there, etc. Keep in mind Grand Haven is a tourist town in summers and our properties are about 2 miles from downtown/beach.

Has anyone in West Michigan or nearby been using this strategy? Mostly curious about occupancy, length of stays, and how much more I could rent for each month. Any tips/feedback would be awesome!

FYI my town is strict on AirBnB laws and we aren't able to get a STR license.