If you're buying a rental property in Orlando. Here is one of the most common questions I get....Can I use this property as an AIRBNB? and I completely understand the question. Orlando is one of the most visited tourist cities in the world and you're thinking I could make some money here right?. So Let's analyze this. TWO OPTIONS - LONG TERM AND SHORT TERM RENTALS Short term rental like Disney Vacation rentals or AIRBNB type properties are only allowed in certain communities and they are usually located near the Disney area and major attractions. You should know that AIRBNB type properties are a risky investment. COVID happened last year and a lot of these investors were in trouble, their units sat vacant yet they had to continue paying the high HOA fees which could be anywhere from $350-850+/month. I personally think long term rentals are a better option, carry less risk and you can find them at a lower price.
