Rental Market for higher-end SFH in Boston suburbs?

[Paul McDonald]

We are moving soon (from one metro-north/west suburb to another) and I am debating keeping our existing house and renting it out. Is there much of a market for rentals of larger / higher-end SFH in this area (Lexington / Arlington / Winchester area). House is about 6K sq ft, 6 BR, Zillow rental estimate is 6K though I suspect we could rent it for more. When we renovated our house a few years ago, we moved into nearby rental which was one half of a duplex, maybe 3K sq ft, not updated, and we paid 5K/month for 6 month lease.

I don't see much at all on the market, but I also know a decent number of people who have looked for rentals, mainly to live in for a year or so while they build/renovate their primary home.  I'm not sure if that's enough demand, it seems like it's not desirable to have to find new tenants every year or so, but maybe worth it if I can charge a premium.

I have heard of someone in a nearby town renting out a very nice, large, new construction house for over 20K/month, which shocked me.  I am guessing at that level they are providing something like a fully furnished "corporate housing" type of experience (e.g. someone who relocated here for a few years on a job assignment).  Does anyone have experience with that type of market/clientele and have suggestions on if that's a promising way to go?  I imagine there are property management companies in the are that specialize in this type of rental - any recommendations?

thanks!

[Timothy White]

Ohh you have a wonderful asset In great towns for rental income.

we had a client whose home we sold In Lexington who had made above rent rates for that terrific town by managing Extended VRBO like stays. 

these take more managing but can deliver highest returns if that's key for you and your family.

either way renting in one form or another retains your  asset ,the tax shelter along with the market value increases over time.

well played sir!