Can I buy a short-term rental that my own family actually gets to use?
Yes — that is the main reason to own in a place you want to be. Scott and Susan owned long-term rentals for years and could only wave at them from the road while paying for a hotel nearby. They bought in Breckenridge, Colorado, specifically so the property they own is the one they stay in.
Who are Scott and Susan?
Scott and Susan are Streamlined Education Co. mentorship clients and both retired Army veterans — Susan served twenty years, Scott nearly thirty — who still work in the defense sector. They accumulated long-term rental properties across the moves of a military career and now own a short-term rental in Breckenridge, Colorado.
Why convert a long-term rental into a short-term rental?
Two reasons, and use is the bigger one. A long-term tenant means the property is never available to the owner, so a family that wants to spend time in the market has to pay for a hotel in it. Short-term operation returns the calendar to the owner and generally raises gross revenue per night.
“We had one in Colorado, we’ve got one in Hawaii, and it’s awesome. We go there and we wave at them as we drive by, and then we still have to get a hotel. So we said, wouldn’t it be great if we could transition the Colorado property up to Breckenridge, do a short-term rental so that we can actually start staying in our property?”
— Scott, Breckenridge, CO
Is short-term renting the same skill as long-term renting?
No, and experienced landlords are often the most surprised by that. Scott is blunt about it: they had plenty of long-term rental experience and short-term is a different animal. Pricing, guest communication, turnover, reviews, and listing management have no equivalent in a twelve-month lease.
How long did it take from joining to owning?
Three weeks to a property under contract, and a closing shortly after. They had been circling the idea for roughly three years on their own. The mentorship did not change their goal — it removed the part where they kept restarting the plan.
“We literally joined your team, the mentorship, three weeks later bought a place in Breckenridge, two weeks ago closed on it… It’s been a very, very quick process. A lot of money, it’s a big investment, and there’s a lot on the line.”
— Susan, Breckenridge, CO
Should I hand the property to a management company instead?
Only if you are content paying for it. Scott and Susan looked at giving a management company roughly a quarter of their profit and decided that for a property they intended to use and understand themselves, the better trade was learning the operation with support they could call.
What can go wrong right before you go live?
A booking can arrive before you are ready. Theirs came while they were driving to the airport, days after closing, with food still in the refrigerator and pillowcases not yet on the pillows. It resolved, but the lesson stands: a listing that is visible is a listing that can be booked, so control the calendar deliberately.
Does a short-term rental need its own booking website?
It should have one eventually. Direct booking was on Scott and Susan’s list before the property was even live, because a website you own is the only channel that cannot change its fee structure or its rules on you. Platform listings fill the calendar; direct bookings build the asset.
What is their advice?
Pick a mentorship and commit to it. Their reasoning is that prior real estate experience does not transfer as cleanly as owners expect, and the value of the program was having somewhere to take almost any question during a process where a great deal of money is already committed.
Where can I see how this program works?
You can read more client stories on the Streamlined testimonials page, compare the three paths into short-term rentals in our short-term rental education hub, or see what we offer in the resource shop.
Individual results vary. Scott and Susan’s markets, timeline, and outcomes are their own and are not a projection of what any other owner will experience.