MTR or STR?

[Sparkle Carlock]

Hi BP, I am new to REI and have been doing my due diligence and starting to get active. I'm wanting to hear from those people investing in Indianapolis. What are you thoughts in the current market state for MTR? I believe that will be by gateway, and I'd love to get some feedback on how lucrative it can be and what types things I should be focusing on more as I start this project journey.

Thanks in advance ;-)

[Adam Oldham]

The MTR is fairly strong here, I am currently renting to travel nurses that I was originally using the houses for STR. When the economy slowed down I did not see as many people traveling to Indianapolis, and I was getting tired of the constant turnover between STR guests.

I wouldn't say its super lucrative but its a lot less work & in general I think you get a higher quality tenant who spends most of their time working, which is good for the wear & tear of your property.