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A short term rental is a rental agreement where the tenant agrees to rent the property for a short period of time, usually 30 days or less. This type of rental agreement is often used by people who are looking for a temporary place to stay, such as people who are moving to a new city or people who are traveling for work. Often times is no associated with vacation rental apps like Airbnb in VRBO. People you short term rentals for vacationing in often times unique and wonderful locations that would normally not be available for those who just rent hotels when traveling. Short term rentals is abbreviated as STR, and due to the large amount of real estate investors starting short term rental businesses, competition drives innovations.
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