Right now you’re looking at two properties in our management portfolio. They are similar in square footage, have the same number of bedrooms and bathrooms, both have private pools and are less than one mile from each other in the same city.

They were purchased in the same year, have appreciated nicely since then, and both make double digit, passive-income returns for the homeowners. But there is one major difference. One is operated as a short term rental and the other as a mid-term rental.

Despite that difference, the rents that each property generates on an annual basis aren’t too far off from each other. Let’s take a closer look and find out why.

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