1. They’re popular because they’re often better than hotels. You get a kitchen, more space, often dog-friendly. I much prefer a STR for weeklong trips for those reasons.
2. More revenue. A STR might go for $200/night. So 10-15 nights to clear the same as a monthly lease.
Plus the legal difficulty dealing with a bad tenant, as you note.
2. More revenue. A STR might go for $200/night. So 10-15 nights to clear the same as a monthly lease.
Plus the legal difficulty dealing with a bad tenant, as you note.