Mid-term rental to constriction workers

[Jung-Jin Shim]

I've been searching for rental properties in Columbus for months, but I've noticed that it's extremely difficult to find a property that's profitable with high interest rates and already significantly increased property prices. Some say there are still opportunities in Columbus since it's growing, but I'm unsure if investing with the hope of future appreciation is a good idea when current cash flow is very weak. Some suggest investing out of state for better cash flow, but that's not an option for me at this time.

Recently, I ran into a realtor who suggested mid-term rentals to construction workers as a more profitable investment model. She mentioned that she's doing it herself and finding it very profitable. Before taking any action, I'd like to research whether this model is truly profitable and feasible. Has anyone done this or heard about this type of rental? How do I attract construction workers as tenants? How does this differ from long-term rentals or mid-term rentals for travel nurses?

Thank you!

[Kerlous Tadres]

Quote from @Jung-Jin Shim:

I've been searching for rental properties in Columbus for months, but I've noticed that it's extremely difficult to find a property that's profitable with high interest rates and already significantly increased property prices. Some say there are still opportunities in Columbus since it's growing, but I'm unsure if investing with the hope of future appreciation is a good idea when current cash flow is very weak. Some suggest investing out of state for better cash flow, but that's not an option for me at this time.

Recently, I ran into a realtor who suggested mid-term rentals to construction workers as a more profitable investment model. She mentioned that she's doing it herself and finding it very profitable. Before taking any action, I'd like to research whether this model is truly profitable and feasible. Has anyone done this or heard about this type of rental? How do I attract construction workers as tenants? How does this differ from long-term rentals or mid-term rentals for travel nurses?

Thank you!

Hey Jung, 

If you want more cash-flow then I would do Cleveland deals. Columbus is great for the oppurtinties coming. Really just depends on your goals and what you're looking for