Is renting SFH to a business for Corporate rental a good idea?

[Jay C.]

I have a rental property that I'm trying to get a tenant for. There's an RE Investor/Short-Term Rental Operator that approached me for a long term Lease 2-3yrs initially or 5-6 yrs later on if it works out but he would then rent it out for short-term 5-6 days as corporate rentals. Just curious if any of you rental investors have any experience in dealing with this type of rental on your single family homes and if it creates issues with HOA if there's constant change in tenants/guests.

[Greg M.]

Basically AirBnB arbitrage with a better sounding story. Get long term lease. List on AirBnB. If it makes a lot of money, great. If not, walk away from the lease and the landlord is legally required to try and re-rent the place. Downside is little to the "renter".

As for your HOA, most will care. Most will prevent this from happening. Your neighbors will hate you and report every little violation.