I am considering switching to a longer term rental, but agree with @Jon Crosby that if I wait it out while others convert, I may well benefit from  reduced competition. 

Once they feel happy and secure people will start spending which will lead to heavy inflation.I think china and s Korea did not make massive economic stimulus the way us, uk and other countries did.

This will help you gauge what the competition is doing.

A short-term rental can be used as corporate housing and commands nearly three times the rent, creates less wear and tear (no furniture constantly being moved in and out) and attracts high quality tenants (typically traveling executives).Testimonials & Review A competitive renter’s market means potential tenants are getting more finicky about who they rent from.

You can also lengthen your minimum stay on Airbnb/VRBO and price your homes to be competitively under what your competition is charging, that's my strategy right now.As for property #2, why not list it for sale and rent simultaneously?

We are in a market where, when there is no pandemic, there is fierce competition for rentals, so month-to-month is works for us.

While I'd be shocked if this is the case, if all the owners in your market pay for garbage in SFRs, you'll be at a competitive disadvantage if you try and have the tenant pay.I don't necessarily think you need separate accounts (we'll leave security deposits aside).

How competitive is it?

To all my active duty investors, you have a competitive advantage right now.

On the flip side, if you can get your properties purchased or refinanced into conventional loans, there is buyer protection there that does not allow the banks to call the thing if you're making timely payments.So essentially, if you have the conventional loans, you should be well-protected to use a more aggressive leverage-heavy strategy.