Transitioning from LTR to STR: Help me please

[Breelon Bryant]

Hey everyone. I am planning on switching my Long term rental into STR. Its in a location close to hospitals, medical schooling, and in a gentrifying area. I bought it as a long term but knew if needed I could switch into STR

My question is: What advice would you give me as a new STR strategy? AND what are MUST HAVES for your AirBNB? Any specific phone apps?

Thanks and I appreciate ALL advice

Fyi: This is a duplex Side-by-side

[Paul Sandhu]

Bedrooms with furniture and linens.  Kitchen with all appliances and utensils. Cleaning supplies. Vacuum cleaner. Washer dryer and laundry detergent.  Cable wifi and a smart tv.  Living room furniture.  Gas or charcoal grill.  Artwork with a common theme. They just need to bring their clothes and groceries, everything else should be there.  For your furniture and appliances, buy from estate auctions.  For your linens, pots & pans, cleaning supplies; just buy from Wal Mart.  I've got 83 beds in 23 STRs.  Stay away from vacationing people.  Rent to people with a per diem (nurses, traveling workers, visiting professors, witness protection program enrollees).  Learn how to fix/replace things like toilets, garbage disposers, dryers, washers, hot water tanks, light fixtures.  Get a basic understanding of plumbing, electricity and carpentry. 

Develop your 3M talent.  Mechanic, Magician, Mindreader.