A short-term rental (STR), as the name suggests, is a property that is rented out for a short period, typically less than 30 consecutive days. This can range from a single room in a house to an entire property like a vacation home or apartment. Investing in a short-term rental property can be an exhilarating venture with the possibility of financial returns. Before you leap into this exciting industry, it’s vital to get acquainted with the fundamentals and intricacies of the market.