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Updated almost 3 years ago, 03/24/2022
Medium Term Rental Property Size
Hey BP,
My wife and I live in the Denver, CO area, and we are weighing the options of turning our current home into a long-term rental or a medium-term rental once we move. Our current house is a 1200 sqft, 4/2 with a nice big yard. I know it would do somewhat well as a long-term rental, but I'm not sure if traveling nurses or other medium-term tenants would be looking for a 4 BR house. Is there a specific size house/property that some of the medium-term investors have seen have the most success? Any market out there for a 4BR medium-term rental? My initial thought is traveling nurses would likely be traveling solo and would be looking for a smaller property. We have also looked into the possibility of doing a short-term rental, but wanted to do some research on the medium-term market first since we are close to a few major hospitals.
Chip