Devin my lending business has a very Narrow niche our specialty is the 200k under BRRR that all these BP members want for rentals in the mid west.. we put them into title and let them refi or flip..

So for folks to fork over 40k on a rental house I dont get that. to me its big time FOMO especially in SW FLA were there are literally hundreds of thousands of vacant parcels that can be bought on any day.In early to mid 2022s, the FOMO was high.

Depending on your area, you get more bang for your buck if the side you're renting out is a furnished mid-term rental.

Please advise on good constructor in mid ColumbusNeed full rehab for ~1300 SQFT

We like the South East, as well as mid west markets.  

If you could work it into a combination STR/MTR and rent mid-term to people working in the area for the down months, the market could work, but aside from that I don't see a ton of value in that market for the prices you have to pay, you basically have to make a years worth of expenses in a 4-5 month span.I don't have specific knowledge of any of the other markets on the list, but based on this one it seems like not much analysis went in to any of these properties and its strictly based on a rough estimates of revenue.

We rented it as a mid-term rental & it was cash flowing over $700 a month.

Mid-term Rentals and Small Investors: Investors focused on mid-term rentals may be able to capitalize on reduced transaction costs, especially in markets where margins are tighter.

At this point, businesses are doing well with many new contracts and the port improvements (if that actually happens and isn’t just an election year promise)Our long terms have also been mostly on auto pilot, but our STR has performed well since launching mid-July.  

Some investors find that their financing falls through mid-project, or they didn’t budget for unexpected costs.Tip: Always have your financing lined up and know the loan terms inside and out.