Hello Chris, Remember the long term market will probably not cover your mortgage if it for more than 50% of the purchase price, also your own use of the property is curtailed, and although you can vet a client before they arrive (or your agent can) theres no guarantee they will treat it well. In fact they may have longer to do damage!!
However the location of the property and type also dictates if it is best for long or short term rental.
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