I'm currently listed for short term rentals and am starting to get a few bookings into April and May...would hate to cancel BUT would take MTR as preference.

This property also launched my short-term rental journey, running our first Airbnb before transitioning it to a steady cash-flowing rental, allowing us to scale into bigger projects.

However, the tax treatment differs between short-term and long-term rentals:Short-Term Rentals (STRs): If you materially participate (work 100+ hours and more than anyone else on the property), you may be able to offset rental deductions against W-2 or other active income, offering greater tax benefits.Long-Term Rentals (LTRs): If your AGI exceeds $100K, your rental losses may be limited, unless you qualify as a Real Estate Professional (REPS).If you plan to expand your rental portfolio, consider an LLC later for liability protection and easier management.

I've considered areas close to the Falls, but sellers seem to price it a lot higher assuming the buyer can make it up renting it short term. 

Buy and hold used as short term rental property.

I also own some long-term rentals and a short-term rental.

After reading so many intros of young, single, eager individuals, I'm hoping I'm not too late to the game! 

It's simply a numbers game. 

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

@Edward Toomey V I feel like this is a frustration for us all in the property management game.