Nightly Rental...Many, Many tenants
Long Term...Very few tenants
Nightly Rental...Minimal screening
Long Term...Thorough screening
Nightly Rental...You pay electric bill
Long Term... Tenant pays electric bill
Nightly Rental...You pay for phone service
Long Term...Tenant pays for phone service
Nightly Rental...Must be fully furnished
Long Term...Rent furnished or unfurnished
Nightly Rental...TV's, bedding, towels required
Long Term...TV's, bedding, towels not required
Nightly Rental...30%-50% management fees
Long Term...15% management fees
Nightly Rental...Maximum wear and tear
Long Term...Minimum wear and tear
Nightly Rental...Last minute cancellations
Long Term...No last minute cancellations
Nightly Rental...This is the tenant's vacation
Long Term...This is the tenant's home