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Updated almost 3 years ago,
What is your opinion on small MF properties being used for STRs?
I attended an interesting seminar last night that focused on turning small multifamily properties (duplexes - 20 unit buildings) into short term rentals.
They compared the profits of using LTR and STR side by side and of course the STR model blew the LTR out of the water.
Would love to hear the thoughts and opinions on this strategy from those who are doing it currently, have attempted to do it, or who are just interested in the space.
Thanks in advance!