Here in Central Oregon, the idea of Short Term Rentals is usually in the conversation, when we talk about real estate and moving into the area. There is no question, renting a place for “seasonal use” has soared and is quite lucrative. Having that cash flow and earning equity can certainly be more than an enticement. Before you make the “jump” into this business, consider the following.

Property Damage - Yours and others. 

Depending on the type of property you are renting, damage and liability could be on a small or larger scale. A guest could back into your fence with their car, knocking it over? This would be far less costly, than if your rental was a condo on the 2nd or 3rd floor, and a guest left the water running which flooded your unit, and…

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