Only doing 1 to 3 month rentals. How much am I missing?

[Pete Peterson]

I'm looking to only lease my furnished home for 1 to 3 month durations during the summer. I don't know what kind of demand I'll get. This is an upscale home that will rent for about 8K. At what point in time would you scrap the 1 month minimum and accept 1 week rentals? Perhaps 3 months before summer? What percentage of renters want less weekly rentals versus renters who want 1 to 3 month leases from your experience? 

[Pete Peterson]

Thanks for the response. My home is small (2,000 square feet) 3 + 2. House built in 1956 but much of it including kitchen and baths have been upgraded. Compared to what others are offering I think my place might even go for a little less. No view and not walking distance from the beach or stores.

I'd be very happy just to rent 3 months for a summer IF I can find the guests. My understanding is that people look to book even 6 months in advance. So maybe by April if I haven't rented then it's time to lower my price or accept shorter term.
I definitely wouldn't do less than 1 week. Too much risk of maybe getting riff raff guests. 

My neighbors mentioned the high price of Shutters and Loews. That's what's hopefully going to put me in business here!