AirBNB vs Long Term Rental

[Teresa Ong]

Hi there!  I have an empty unit that I can either AirBNB or rent out long term.  Based on my research, AirBNB will probably bring in only about 75% of what I would get if I rented out long term.  However, given the eviction moratoriums, I feel really gun shy about renting out long term. What if the new tenant is a dud? Wondering if other folks have encountered this fork in the road? Thanks so much!

[Ryan Riches]

Curious on how you came to that calculation. STRs generally fetch much better returns than a long term tenant would. Definitely check into your local regulations. Another thing to look into is renting to travel nurses, I have one of my units rented to travel nurses and it has been a great experience - higher than market value for rent, and not as much turnover and guest management as Airbnb.