Long Distance Short Term Rentals

[Jonathan Buehler]

Does anyone have experience managing a short term rental long distance? My family and I are considering using our primary Florida residence as a STR while we live in another state for a season. I researched our area using Air DNA and it seems like the asset would do well assuming we can keep it booked at a decent rate. We have some friends that personally manage their own STR's but they are all local. Concerned about unpredictability of occupancy and not being close in the event of a problem arising. Also, determining a rate seems tricky as well since the demand seems to be higher in the summer vs the remainder of the year. Any recommendations for STR property managers or any other useful feedback would be greatly appreciated!

[Luke Carl]

Originally posted by @Jonathan Buehler:

Does anyone have experience managing a short term rental long distance? My family and I are considering using our primary Florida residence as a STR while we live in another state for a season. I researched our area using Air DNA and it seems like the asset would do well assuming we can keep it booked at a decent rate. We have some friends that personally manage their own STR's but they are all local. Concerned about unpredictability of occupancy and not being close in the event of a problem arising. Also, determining a rate seems tricky as well since the demand seems to be higher in the summer vs the remainder of the year. Any recommendations for STR property managers or any other useful feedback would be greatly appreciated!

You should most certainly manage it yourself. It's totally doable. The initial set up can be a bit stressful. But once you're up and running there's nothing to it. I "self manage" 28 doors, STR and LTR all from a distance. I'd be totally happy to teach you everything I know!

 Also.. you posted on the wrong forum. 

You Want This!