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David wants to rent out his house, and he can list it as either a short-term v...
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Mathematics, 02.10.2021 18:10 shouyuanroh8462
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David wants to rent out his house, and he can list it as either a short-term vacation rental or yearlong lease. He lives in a quiet university town. Similar short-term rentals on the market average
$120/night, and similar yearlong leases average $900/month. Based on the number of short-term rentals needed to match the revenue of a lease and the likelihood of finding enough renters,
should David plan on short-term vacation renters or a long-term lease?
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O David needs 8 short-term rentals yearly to make more than from a yearlong lease. He should plan
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