The short-term rental has different cash flow calculations to model against vs long-term and you have to think about making sure you are providing a 5-star experience which drives great reviews which drives higher search results on Airbnb/VRBO which equates to more bookings and thus more revenue....so once again...night and day difference

Flag star

I know a local builder, who just had completed his first large multifamily in his own name - 5 star project in a luxury area in the outskirts of Milwaukee.

That facility served as the training ground for TV stars Lucille Ball and Vivian Vance to learn about dipping and packing chocolates for that infamous 1952 “I Love Lucy” episode in which the pair cause chocolate chaos trying to keep up with the conveyor belt.

The stars will stick out.I have sent buyer and seller leftover leads to realtors and at least 7/10 will drop the ball or blame the "bad leads" but that one or two or MAX three out of 10 will turn dust into diamonds. 

I certainly wouldn't reduce rent in a hot market unless she were an absolute rock star.

My suggestion is that always check those reviews before working with a lender, and if they have less than 4 stars, there is probably a reason for that, and to look for a better lender.Mike

These hgtv star guru type schemes are all the same.

I have never understood "star-struck" before today, in spite of meeting high level government officials, A list actors and millionaires.  8-)    This morning, I went to an 80th birthday party for a family member. 

But the economic freedom, free time, and lack of worry, make a huge difference.Skyline> Gold Star