AirBnB or lease it out? I live in the DC area and looking to buy an investment property. Has any done both and recommends one over the other?

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Short term rentals have higher startup costs (furnishings), higher operational costs (you are responsible for all utilities), higher time commitments (coordinating cleanings, communicating with guests, etc.), and higher volatility. But also tend to yield higher cashflow.

Revenue-wise, short term rentals will almost always come out ahead. But it comes down to whether you can afford the startup costs and/or the time commitments that are required to run a successful short term rental.

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Have you done the math to see what the financial upside would be? Airbnb is more work but can be worth it in the right markets.

Does your town / property have any constraints for STRs?

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