## The Case for Short-Term Rentals
Short-term rentals often have higher nightly rates, leading to greater potential income. They also offer flexibility, allowing you to use the property yourself or sell it with minimal hassle. However, they require more active management, including constant cleaning, guest communication, and marketing.
### The Stability of Long-Term Leases
Long-term rentals provide a stable, predictable income stream with much lower turnover. The management is also less demanding, as tenants are responsible for day-to-day upkeep. While the monthly income may be lower, the stability and reduced effort can be a major advantage for many investors.