STR company leases for LTR rentals - Scam or real?

[Murali Jesudoss]

Hi BPers,

I have been reasonably good with rentals in Ocala. I have 4 properties listed for rent in the area where I got 3rd call from a STR company who would like to lease my homes like a 12 month lease, but they would do STR and manage the properties.

These areas do not have any HOA or STR limitations and I never was into STR. But the offers make more sense as for STR company, it might be easier to rent than investing in high priced homes but still make money for their STR operations.

I am always skeptical in too good to be true kind of dealings. So anyone has any experience in renting it to such a company or is it just a scam? Anyone with their experience, pros/cons and wisdom on these could share, I would really appreciate it.

[John Hernandez]