There are some significant differences between short term and long term rental. It’s not an exhaustive list but the main items are listed below No sales tax Fewer monthly bills since tenant are responsible for utilities. Tourism tax does not apply to long-term rentals. Higher stability of occupancy. Decreased cost of maintenance and marketing. Property management for long-term requires a professional licensed real estate agent accountable to FREC, DBPR, NAR, and the local Realtor association. Long-term residents are pre-screened for criminal and financial backgrounds. Cheaper insurance for liability on long-term. Tax deductibility of depreciation in long-term leasing (consult CPA). Less regulated for emergency and handicap accessibility for less property adaptation. Relationship building with real estate professionals instead of vacation planners.