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Updated about 2 years ago on . Most recent reply

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7
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0
Votes
David Dickerson
0
Votes |
7
Posts

7 day minimum stay, by statute

David Dickerson
Posted

Hi guys,

Anybody have a kosher way to work within a 7-day minimum stay statute?


"LESS THAN 7 DAYS PROHIBITED: Short-Term Rentals for less than 7 days are
prohibited."

Most Popular Reply

User Stats

60
Posts
42
Votes
Martin D.
  • Realtor
  • Sedona, AZ
42
Votes |
60
Posts
Martin D.
  • Realtor
  • Sedona, AZ
Replied

Hi @David Dickerson 

I have a great experience with MTR. Although I know it's not an official term, I define that as a furnished rental by-the-week or by-the-month.

Returns aren't as good as STR but they are better than LTR. Turnover and wear-and-tear are much closer to LTR than they are to STR. People are more respectful when they stay longer in the same place.

I like it because it's easier to manage and the cash-flow is still good, and the demand is always there (people traveling with the seasons, people traveling for work, people wanting to get out of the cities for a while...)

PS: I live in Sedona, AZ

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