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Category: Multi-Property & Scaling
By: James Wu
Reply by Tyler Jackson:
I do a mix: 2 properties are pure STR, 1 is mid-term only, and 1 is hybrid (STR in peak season, mid-term in off-season). Here's the comparison: **STR (1-29 day stays):** - Average nightly rate: $145 - Occupancy: 76% - Monthly revenue: ~$3,300 - Turnovers/month: 8-10 - Time/week: 6-8 hours - Cleaning costs: $800-1,000/month - Wear and tear: High **Mid-Term (30-90 day stays):** - Average nightly rate: $85 (41% lower than STR) - Occupancy: 95% - Monthly revenue: ~$2,400 (27% lower than STR) - Turnovers/month: 0-1 - Time/week: 1-2 hours - Cleaning costs: $100-150/month (only between tenants) - Wear and tear: Low **When mid-term makes sense:** 1. Your market is seasonal and STR revenue drops significantly off-season 2. You value your time highly ($2,400/month for 6 hours/month is $100/hour effective rate, vs STR $3,300 for 28 hours = $30/hour) 3. You're near hospitals (traveling nurses are GOLD for mid-term) 4. Your city restricts STR but allows 30+ day rentals 5. You want lower stress and more predictable income **Where to list mid-term rentals:** - Furnished Finder (the OG platform for traveling nurses) - Airbnb (set 30-day minimum) - Zillow/Apartments.com (as furnished monthly rental) - Facebook groups for your city's "housing" or "relocating to [city]" - Corporate housing companies (they'll fill your property for you at a discount)
Reply by David Okafor:
Mid-term rental tax advantage that nobody talks about: in many cities, stays of 30+ days are exempt from hotel/occupancy tax. That 9-15% tax savings partially offsets the lower nightly rate. Also, many cities that regulate STRs don't regulate 30+ day stays at all. So if your city banned or restricted short-term rentals, pivoting to mid-term may be the legal path to continue hosting. Check your local rules carefully — the 30-day threshold is the magic number in most jurisdictions.
Reply by Brandon Harris:
Traveling nurse market tip: make your property "nurse-ready" and you'll never have a vacancy: 1. **Washer/dryer in-unit** (non-negotiable for nurses — they need to wash scrubs) 2. **Blackout curtains** (many nurses work night shifts) 3. **Quiet environment** (soundproofing if near noisy streets) 4. **Fast WiFi** (for charting, studying) 5. **Full kitchen** (nurses cook at home to save money) 6. **Comfortable workspace** (desk + good chair) List on Furnished Finder with the keyword "traveling nurse friendly" and at a competitive monthly rate. Nurses typically book 13-week assignments, so you get 3+ months of guaranteed occupancy with one turnover. It's the closest thing to passive income in the STR world.