FSD Short-Term/Mid-Term Rental

[Andrew B.]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $310,000

4/2 STR to be used for STR/MTR. 10 minutes to 3 major hospitals, 2 universities, tons of shopping.

What made you interested in investing in this type of deal?

Sleeper market, good house, decent return profile, and to rip the band-aid off on our first purchase.

How did you find this deal and how did you negotiate it?

MLS, little negotiation.

Lessons learned? Challenges?

Furnishings are hard.
Work local - designers, vendors, etc.
Having local people on the ground (family) is invaluable.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Andrew Adam no question.