Short-Term vs. Long-Term Rentals: A Property Owner’s Upkeep Perspective
When investing in rental properties, one of the biggest decisions is whether to operate as a short-term or long-term rental. While both can be profitable, the upkeep requirements vary significantly. As an owner, understanding the maintenance and operational demands of each model will help you make an informed decision.
Short-Term Rentals: High-Touch, High-Maintenance
Short-term rentals, such as Airbnb and vacation rentals, require constant upkeep to maintain a competitive edge. Since guests expect a hotel-like experience, the maintenance workload is significantly higher.
Upkeep Considerations:
1. Frequent Cleaning & Turnovers – After every guest, the property needs a deep clean, including washing linens, restocking supplies, and sanitizing surfaces. This can mean multiple cleanings per week.
2. More Wear and Tear – Higher guest turnover means more frequent replacements of furniture, appliances, and décor. Items like towels, sheets, and small appliances wear out quickly.
3. Ongoing Repairs & Immediate Response – Guests expect quick responses to issues like broken AC units or malfunctioning TVs. Owners often need a handyman on call.
4. Curb Appeal & Staging – Keeping the property visually appealing is crucial for online listings. Regular updates to furniture, décor, and landscaping are necessary.
5. Stocking Essentials – Unlike long-term rentals, you’ll need to continually replenish toiletries, paper products, and basic kitchen supplies.
Long-Term Rentals: Less Frequent but Major Maintenance
Long-term rentals operate on leases of six months or more, meaning fewer turnovers and a steadier cash flow. However, while day-to-day upkeep is less demanding, long-term rentals come with their own set of maintenance responsibilities.
Upkeep Considerations:
1. Periodic Maintenance Instead of Frequent Cleanings – Since tenants handle daily cleaning, you won’t need constant turnovers. However, seasonal maintenance like HVAC servicing and gutter cleaning is still necessary.
2. Wear and Tear Accumulates Over Time – Instead of replacing items frequently, you’ll likely deal with larger repairs between tenants, such as repainting walls, replacing carpets, or fixing plumbing issues.
3. Less Urgent Repairs (but Still Necessary) – While tenants handle minor maintenance, major issues (roof leaks, plumbing failures) are still your responsibility.
4. Lease-End Renovations – Unlike short-term rentals, where small updates happen regularly, long-term rentals often require bigger updates (appliance replacements, full repaints) between tenants.
5. Tenant Expectations vs. Guest Expectations – Long-term tenants expect a functional, livable space rather than luxury accommodations. However, failing to keep up with necessary repairs can lead to lease violations or tenant dissatisfaction.
Which Model is Right for You?
If you prefer a hands-on approach, frequent interaction, and steady short-term income, a short-term rental might be your best bet. However, if you’re looking for a lower-maintenance, steady long-term investment with fewer ongoing responsibilities, long-term rentals may be the better option.
Regardless of your choice, having a solid maintenance plan in place will help protect your investment and keep your rental property profitable.
Are you currently managing rentals, or considering switching models? Share your experiences in the comments!