Month to month or STR?

[Shannon Ilas]

I'm a realtor in the Portland, OR area. With the current market, I often have clients sell their home quickly and need to rent 1-2 months while looking for a property to buy, or are moving here and need a place short-term. Often they have dogs or kids and want a home with a yard rather than a condo. Agents in my office are constantly looking for a short-term rental as well. Would it make sense to buy a property that can be rented short term, or look for long term renters? I have a vacation rental on the coast and am ready to buy my next investment property, but not sure which direction to go. Is m2m rather than STR or LTR a viable business model?