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MTR on a Second Home?
Hey all. I'm under contract for a home near family and am considering purchasing it as a second home since I would intend to stay there for some weeks out of the year. Regarding rental strategies while I am not at the property - I understand that STR is possible with second homes, but wanted to explore MTR as there would be less turnover among other benefits. Does anyone have experience using a second home for a MTR or know of any complications against it? Many thanks in advance.
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Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
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The most recent BP RE podcast covers MTR's: https://www.biggerpockets.com/...
They also reference a book, which I'm actually purchasing as we speak! https://store.biggerpockets.co...