The real estate industry continues to pick up in all corners of the world. And Florida's city of Orlando hasn’t been left behind. It's an area that witnesses rapid population growth as it's home to some of the world's most famous tourist spots. 

Nowadays, many tourists want to have a home-away-from-home experience while on holiday. And for this reason, they look for alternatives other than hotels. And this is where you come in as a realtor. 

If you have a property in Orlando, you can rent it out to individuals, friends, or families at reasonable rates. In a short time, you'll witness significant rates of your return on investment (ROI), making the real estate business a lucrative one for you.

And if you’re wondering what home types you'll find in the city, here are four short-term rentals you can invest in and lease to tourists visiting the town:

1. Single-Family Vacation Homes

These are standalone residential buildings you can rent to one owner. They’re ideal homes for families on holiday as they come with features that offer the family convenience compared to if they'd have checked in at a hotel. Some of them include fully-equipped kitchens, comfortable living rooms, and several bedrooms, depending on the home’s size.

These houses come in categories such as lakefront residences, homes with a guest house, energy-efficient homes, among other kinds. And some, like those found in Storey Drive Orlando, are located in areas with amenities such as:

• A community pool
• Restaurants
• Fitness center
• Sports courts
• Children’s playgrounds
• Business center
• Gated entrance

And the list goes on. So, when you buy a single-family home in the ever-buzzing city, you can rent it out to tourists for a short term—usually between a few days and a month. The amenities will add more value to your house, making it easier to rent out. And within your first year of renting several times, your ROI will increase.

2. Condominiums

Condos are multifamily residential houses that host many tenants in different units. They're ideal for tourists wanting to live among other people to explore different cultures and make friends. Some of the features in a home unit include:

• Integrated living rooms
• Modern kitchen spaces
• Full bathrooms
• Two or three bedrooms
• Private balconies overlooking the beautiful Orlando scenery

Additionally, some of them have amenities such as wi-fi, flat-screen TVs with cable, security features such as closed-circuit television (CCTV), and video doorbells, that'll give your tenants the comfort they seek.

You may choose to buy the whole building or a few houses, depending on your finances or the real estate deal on the table. Afterward, you can rent your condos out at convenient rates and wait for your investment to bear fruit.

3. Villas

Orlando villas are all about luxury. Some of the prevalent amenities in these homes include game rooms, home movie theaters, patios, private swimming pools, and more features to offer your tenants fun and relaxation. And they're convenient for families of all sizes, as the homes are typically big. 

For this reason, tourists seeking the pleasure of living often rent villas while on holiday. Thus, if you're the owner of such a residence, leasing it for a short time to a tenant would earn you significant profits. And within a few months, you'd have made yourself a notable income.

4. Townhomes

These are single-owner houses, like family homes, but they’re adjacent to each other within a neighborhood. They offer the tenant the opportunity to live in their own big space while building relationships with their next-door neighbor. Different townhomes have bedrooms ranging from two to five. 

Thus, you can buy such a house and employ real estate best practices to enhance its value, such as furnishing it. Then, you may advertise it on the internet, and once you rent it out, you'll surely enjoy positive returns on your investment. 

Conclusion

Investing in the real estate sector is a savvy move if you want to earn substantial amounts of cash. For this, you should make smart strategies, such as choosing the type of house you plan on investing in or where it’ll be located, among other realtor tactics. 

And in the United States, Orlando is among the best cities for putting your money into real estate. This is because of the many tourist sites that draw large populations every week. As a realtor, you can turn this into a beneficial opportunity by providing them with residences for their short stay in the city.

Some of the houses to invest in may include single-family vacation houses, villas, townhomes, or condos. Once you lease them, you can expect a great ROI, especially since you'll be renting at convenient rates to many tenants in a short period of time.