Are Short-Term Rentals a smarter choice over Long-Term Rentals?

[Calvin Baughman]

This must be a commonly asked question here, but I'm seeking updated opinions, from People who are daily operating in those markets. Could the profitability of Short-Term Rentals outweigh the stability offered by Long-Term Rentals in today's dynamic real estate landscape? What key factors contribute to the financial advantage or stability between these two rental models, and how do market fluctuations impact their respective profitability over the long term?