STR approached for a seasonal rental strategy worth considering?

[Bo A Vanecko]

Before I have even listed my property in a vacation / ski town, I have been asked if I would consider a "seasonal" rental on the unit.  I honestly don't have any real details yet but wondered what people's thoughts were on this type of option.  I am thinking the pro/con is that the "potential" income may be greater than the received but its a "potential" vs "guaranteed" argument I guess.  Also less abuse for the time being is likely as well.  

I would think that I would look at the several I have been tracking already in my unit and see what their anticipated money is and use that to gauge what my discounted price for longer stay would be.  Curious if others have done this with their STRs and split it a bit.  Also if people are booking for 3-5 months at a time would that change things in regards to taxes etc and how the property would be classified?

@paul sandhu I am guessing this is more along the lines of some of your properties right?  

Bo

[Ken Boone]

I'm not sure about this but I read something somewhere that stated something to the effect, that if a stay is a certain length of time, then the guest under the law becomes a tenant - and you are now responsible under Landlord/Tenant laws.  This all depends on the area so I would check that out.