No kidding this is as simple as it gets.. just advertise that you accept shorter term leases and riase your price.. we have been doing it in Vegas for years..

In your instance, as the owner of the property you can have a direct non-licensed employee to perform property management.

Non performing assets are why the notes are so cheap and give great returns. 

Some/many lenders don't like a 2nd mortgage behind their first (like the skin in the game), however there are both bridge or permanent financing options out there allowing you to leverage anywhere from 90% CLTV - 100% CLTV, but don't expect good terms...

I am a long-term investor, but I also provide services to long-term investors, so my advice is biased toward that option.  

In 2024 I can't do roofs anymore for 8k, so adjusting for inflation the 60k is probably going to be more like 80k.So how do you make this work long term?

.👀 Risk ManagementBoth investments require risk management:Stocks: Company performance, market conditions, economic factorsReal estate: Property maintenance, tenant quality, local market changesBut guess what?

The best amenities for Airbnb in terms of ROI often depend on your target audience and the location of your property.

Not only the cash flow but the long term equity.

I have several short-term rentals down here & am an STR expert in the area.