Is my location too isolated for a MTR?

[Patrick Fanning]

Hi all, I have a vacancy coming up in February and was considering using that unit (in a quadplex) as a MTR. It’s 6 minutes from a Level 3 trauma hospital, 12 minutes from another slightly bigger hospital, and 25 minutes from a Level 1 hospital. It’s not a town where business professionals would go either, so my clientele would predominantly be traveling nurses.

The unit is a 2/1 in a nice neighborhood with ample parking. My question is am I too far away from the level 1 hospital to do a MTR? I looked at FF and there weren’t more than a few similar properties to rent and weren’t booked all that much either. What’s your thoughts on making this a MTR or keeping it LTR?

[Tyler Haanen]

You can post your property on Furnished Finder without furnishings and say that it will be furnished later on to see if you have any demand.

You can also call them and begin to get emails for your area periodically. There are two types of emails:

1. Housing request stats and Housing search stats in your area for the month.

2. New tenant request from actual people (their personal information is slightly hidden). But often they will put the location of the hospital they are going to have a contract with.

This is free.

Furnished Finder also has a stats page to search your area and see if it makes sense.

And finally, I think a good idea would be to call the nearby hospitals directly and see if you can’t figure out more information on how often they hire travelers and what they do about housing.