Evaluating Smaller Markets - Ohio

[Peter Baldridge]

I'm wondering if anyone can help me answer this question. 

I'm already invested in long term rentals in a smaller market outside of Cleveland Ohio. I'm interested in mid-term rentals for travel nurses. There's a regional hospital in the area, and I see a few mid term rentals located next to it. However, I've noticed that most of these rentals are completely vacant and show no bookings in the months ahead. Worse, they have no reviews.

My question is: is there simply no demand in this area, or is there something that I'm missing? Secondly, does anyone have a good metric for evaluating mid-term rental demand?

I would appreciate any and all feedback even if it's just telling me that I'm missing the obvious.

[Zachary Deal]

Hi Peter - where are you seeing these properties? If you're looking on Furnished Finder (which tends to be one of the most popular sites for traveling nurses), gauging how frequently the properties are booked or past bookings can be difficult as Furnished Finder provides you leads and then you book (set up lease, etc) with the your renters directly (see FF FAQs). Since they are really just lead platform and not full service (like Airbnb) tenants do not always leave reviews. Mid term rentals tend to be listed on many different sites so I would also recommend looking at Airbnb/VRBO for 30+ day stays and Zillow as well if you haven't. Good luck!