Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
LTR acting as STR turnover assistant?
What are your thoughts on getting a hybrid rental situation out of a house? Let's say I had a 3 bedroom SFH with a studio unit in the back (separate entrance). I want to live in the SFH portion and house hack the studio as a STR, but when I move, still want to maintain the STR income without dealing with the hassle of coordinating with a cleaner or turnover assistant.
Has anyone in a similar situation tried offering a lower long term rent to someone in the SFH portion of the house, willing to work as the turnover assistant for the unit? What has that process and specialized lease looked like? Anything else I should consider?