What is a short-term rental (STR)?

Technically speaking, a short-term rental (STR) is any residential dwelling or part thereof where overnight lodging is offered to the general public in exchange for a fee with intended occupancy of less than thirty (30) consecutive days in any twelve (12) month period. Basically anything you find on sites like Airbnb and VRBO is an STR.

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1. What is a short-term rental (STR)?
2. What’s so great about STRs?
3. What are some potential negatives about STRs?
4. How does the City of Dayton currently handle STRs?
5. What is the City of Dayton’s future plans for handling STRs?
6. Could I rent my residential property out as an STR?
7. I have more questions about STRs in Dayton. Where should I start?