LTRs typically offer more stability and consistent income, while STRs can yield higher returns but require more management.

Thanks Jimmy and Remington, I just DM’d you both.I’m hoping this group to be at least an underwriting/due diligence group, and hopefully a group that finds, manages, and funds deals together when it makes sense. 

I know in hindsight and she has learned now that you need to have a buyers brokers agreement and I guess now you have to make sure the buyer has the money to pay you if the seller wont..

But we have a great tenant who is quiet, helps out some, and is generally well liked around our small town.

I am do research on Turn Key companies and I found 3.

For context, I live in Salem, MA and a few years ago my husband and I were looking to buy a house that was not turnkey, but also livable, that we could live in while updating, and rent on weekends (either a room or the entire home) during Salem’s busy Halloween season.

She reached out to me and asking if I can waive the late charges because she laid off and looking for a new job and she doesn't have the rent for now and no time frame to pay the rent.My answer was no and I offered her to pay what she owes and move out immediately before I start the eviction process.

If you're needing a property manager we should be able to help you out!

@Piyush JoshSend me a PM and I can share with you how to do due diligence on a reg a offering

How long did it take and is there anything I should prepare for?