From my experience with long-term rentals, relying too much on transient tenant flows like students or short-term employees can be risky.

There are pros and cons to long term and short term from a rental management side, and purchase/acquisition.Long term = lower vacancy, lower expenses, potentially lower revenueShort Term = higher vacancy, higher expenses, potential for higher revenue, financing is more expensive than long term rentalsWatch out for local STR regulations, they vary from city to city.

Short-term rentals would be a solution, but due to strict short-term rental laws in rent-controlled areas of Los Angeles, options like Airbnb are typically not feasible.At present, I have a $5 million property in Encino with two units that we cannot rent out short-term due to rent control regulations, and the numbers don’t work for a long-term rental either.

I just purchased my first Short Term rental and am looking into Smart Home Devices.

If you have your down payment ready and are looking into commercial real estate, long-term rentals, short-term rentals, fix and flips, house hacking, BRRRR, or new construction, I'm here to assist you.

In short, the vacancy concern was far less of a concern than we thought. 

My advice would be for sure to become a part of the FB group Short Term Rental Listing Advice through the Short Term Shop, Also become a part of the STS community and ask questions there and you will get a boost!

Hi, Everyone,My name is Marc Bowman and I work with a short term vacation rental software company.

If you have your down payment ready and are looking into commercial real estate, long-term rentals, short-term rentals, fix and flips, house hacking, BRRRR, or new construction, I'm here to assist you.

I saw people do remote management for short term rental, wondering if this can be also applicable for a remote long term rental.