Which rental type is best for you?

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Quiz Questions

1.
How often can you dedicate time to managing a rental?
- A.
  A few hours per week
- B.
  Some time each month
- C.
  I want a mostly hands-off approach
- D.
  I really don't know yet
2.
How much risk are you comfortable with?
- A.
  I have a pretty high tolerance for risk
- B.
  I have a pretty low risk tolerance
- C.
  I am somewhere in between
- D.
  What do you mean by risk?
3.
What best describes your local rental market?
- A.
  Stable demand from year-round residents
- B.
  Near hospitals, universities, or traveling professionals
- C.
  Tourism-heavy, seasonal demand
- D.
  I haven't confirmed which yet
4.
What is your primary financial goal?
- A.
  Predictable, stable passive income
- B.
  Extra income for fun or bonus savings
- C.
  Steady revenue pretty regularly
- D.
  Maximum income, even if it fluctuates
5.
Do you enjoy interacting with guests/tenants?
- A.
  I prefer to avoid routine interaction
- B.
  Is this a criterion for one or another rental type?
- C.
  I love interacting with guests or tenants
- D.
  I'm neutral – I could go either way
6.
What is your backup plan if your primary rental strategy doesn’t work?
- A.
  I haven't thought about that yet
- B.
  I have alternative tenant sources
- C.
  I need guaranteed income and stability
- D.
  I can easily switch to another rental type
7.
What level of involvement are you comfortable with?
- A.
  I don't have enough experience yet to know
- B.
  I enjoy hands-on work and optimizing my rental
- C.
  I prefer a balanced approach—some involvement
- D.
  I want to be as hands-off as possible

Quiz Outcomes

1.
Short-term rentals may be a good fit for you
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Why? You thrive in dynamic, high-reward environments and are willing to put in effort to maximize returns.Short term rentals are best for high-demand vacation areas or cities with short-term rental demand.What now? Let’s turn insight into action.Your lifestyle is a strong match for short-term rentals—great for flexible income and hands-on hosts who enjoy curating guest experiences.Want to crunch the numbers?Download the "MRP Setting Realistic Income Goals Worksheet" to estimate how much you could earn with STRs—based on your expected expenses and likely occupancy.Want a shortcut?Book your free 20-minute Call to get insights on:Avoiding rookie STR pricing mistakesUnderstanding your area’s permit or tax rulesSetting up guest-ready systems with less stressWant to move forward with confidence?Use code CLARITY4U at checkout for 100% off:📄 Download the Worksheet📞 Book a Free 20-Minute Call
2.
Medium-term rentals could be a great fit for you
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Why? You prefer steady income without the high turnover of short-term rentals, but you’re comfortable with periodic tenant changes.Medium-term rentals are best for properties near hospitals, universities, or business hubs.What now? Let’s turn insight into action.Medium-term rentals are a great fit when you value consistency and lower turnover—think traveling nurses, remote workers, or seasonal stays.Curious about the monthly numbers?Use our Realistic Income Goals Worksheet to compare monthly earnings across 1–3 month stays vs. short-term options.Want to talk it through?Schedule your free 20-minute clarity call to explore:Which platforms best serve mid-length bookingsHow to attract great tenants without constant screeningPricing strategies for extended staysWant to move forward with confidence?Use code CLARITY4U at checkout for 100% off:📄 Download the Worksheet📞 Book a Free 20-Minute Call
3.
Long-term rentals are your best match
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Why? You value stability, passive income, and long-term tenant relationships over maximizing short-term profits.Best for: Residential areas with consistent long-term rental demand.What now? Let’s turn insight into actionLong-term rentals offer the most stability with the least day-to-day effort—perfect for hosts who want passive income and a predictable schedule.Want to map out your yearly income?Download our Realistic Income Goals Worksheet to see what’s left after taxes, insurance, and maintenance—before you commit to a 12-month lease.Need expert input?Book a free 20-minute clarity call to:Understand lease terms and local landlord lawsLearn how to screen tenants with confidenceTalk through ROI vs. ease of managementWant to move forward with confidence?Use code CLARITY4U at checkout for 100% off:📄 Download the Worksheet📞 Book a Free 20-Minute Call
4.
Not sure yet what's the best fit
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No worries! We can help. As you learn more about the Mindful Rental Pros approach, you may find that you gravitate toward one type of rental model over another, or like a hybrid – say, short-term rentals in high season and medium-term rentals in the low season. What now? Let’s turn insight into actionNot every path is clear right away. You might be juggling priorities, or unsure how much time, energy, or return you actually want. We’ve been there too.Let’s run the numbers togetherThe Realistic Income Goals Worksheet will help you:Compare income potential across all rental typesGet real about fixed and variable costsBegin to see which path fits your reality—not just your hopesPrefer a sounding board?A free 20-minute Clarity Call is a low-pressure space to:Talk through your space, goals, and scheduleExplore options without needing to decide right awayFeel seen and supportedWant to move forward with confidence?Use code CLARITY4U at checkout for 100% off:📄 Download the Worksheet📞 Book a Free 20-Minute Call

Which rental type is best for you?

Not all rentals are short-term. This quick quiz helps you figure out what’s best for your goals, your lifestyle, and your property.

Quiz Questions

Quiz Outcomes