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Updated almost 2 years ago on . Most recent reply
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Any information on purchasing the first mid-term rental!!
Hi everyone, looking to purchase my first mid-term rental property and I am looking for any and all information that anybody might want to share. The ups and downs, what to look for, and what to stay away from? There are a lot of hospitals in the area so I was hoping to get travel nurses and other types of working professionals in the property. I appreciate everyone's help and advice in advance!
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Hey James! Welcome to BP!
I'm guessing you are talking about 30-day rental stuff? Is that the case?
Are you looking in Jacksonville? That's a booming market with great upside potential.
I would recommend connecting with superhosts on Airbnb to get their perspective.
Find out where the hospitals are and draw a radius around each one on a map.
Then call Suncoast Property Management to get their perspective. Draw circles in the submarkets they like.
Now, you've got a good look at a few zip codes to target.
Maybe a REIA or local meetups for perspective?
Just pointing you in a direction and rooting for you brother. All the best!