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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Well, the money.
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How do you know how much more money you could rent this per week to vacationers than per month for a year or more to a traditional tenant? Are there comps for such things? Would it be worth the extra hassle of signing an agreement every week? You would have to advertise constantly on travel sites because I don't think this is a market where people would automatically think to check VRBO.com. Also, not to be underestimated are The DC laws which are incredibly favorable to tenants. What if you had someone who didn't want to leave?[/quote]

+1. I had family who did this, although not in DC. with the high rent in DC, it is hard for me to believe that you would make more money by renting to tourists. ot at least it would cost you a lot of work. this family member first rented the place to a renter for a year. cleaned up the place and rented it, and collected the rent every month doing nothing. renter moved out after the lease ended, and family member decided to rent to tourists. it was really hard. she had to completelt clean the place (and sheets, towels, tablecloths) after every staying (even if the guests had spent only 3 ir 4 days - she had a 3 days minimum stay, and it is not that easy to always find people for a week). she had to be there at the time the guest were arriving (and with people coming by airplane sometimes she had to wait hours because they were late) and when they were living.  there were months (November-April) when she did not have almost any guests (= no money), she had people cancel at the last moment, she had people who left ahead of time without paying.  also, a long term tenant usually takes good care of the house, but random guests staying a few days at a time may not (and you need just one or two slobs and the damage may cost you more than what you get as rent). she stopped doing it because the hassle was not worth the money (which, at the end, was less than what she got from the one year tenant)[/quote]

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