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Category: Multi-Property & Scaling
By: James Wu
Reply by Emily Chen:
I run 2 properties as STR and 2 as mid-term. Here's the honest comparison: **Revenue comparison (same property type, same market):** - STR: $4,500/month average (with seasonal fluctuation from $3K in winter to $6K in summer) - Mid-term: $3,200/month average (consistent year-round, minimal seasonality) - **Mid-term = ~70-75% of STR revenue, but without the volatility** **Work comparison (where mid-term shines):** - STR: 8-12 turnovers/month, constant messaging, pricing adjustments, cleaning coordination - Mid-term: 1 turnover every 1-3 months, minimal messaging after move-in, stable pricing - **Time investment: ~10 hours/month (STR) vs ~2 hours/month (mid-term)** **Where to find mid-term tenants:** 1. **Furnished Finder** — the #1 platform for traveling professionals. Mostly nurses, but also traveling tech workers, consultants, and relocating employees. 2. **Airbnb** — set minimum stay to 28+ days and offer 30-40% monthly discount 3. **Facebook groups** — "Traveling Nurses in [City]" groups 4. **Insurance housing** — contact local insurance adjusters. When homes are damaged (fire, flood), displaced families need furnished housing for 1-6 months. Paid by insurance at above-market rates. 5. **Corporate housing** — contact local companies' HR/relocation departments **My ideal portfolio mix:** - 50% STR (highest revenue, but more work and risk) - 30% mid-term (stable revenue, very low effort) - 20% long-term backup (fallback if regulations change) This diversification protects against regulatory changes (if STR gets banned, you pivot to mid-term) while maximizing overall revenue. Read more about mid-term rental strategies at https://strspecialist.com/blog.
Reply by Chris Nakamura:
The biggest advantage of mid-term nobody mentions: MUCH higher guest quality. Traveling nurses are the best tenants in the business — clean, quiet, responsible, and they pay on time because their employer is usually covering the cost. I've had 14 traveling nurse tenants across my properties. Average stay: 13 weeks. Damage incidents: zero. Late payments: zero. Complaints from neighbors: zero. Compare that to my STR where I deal with party attempts, noise complaints, and damage claims on a monthly basis. There's something to be said for peace of mind.