They are around 4%, which is higher than some major cities.Could you do mid- or long-term rent well if everything fails?

While STRs in touristy spots might not seem like a fit for LTRs, I’ve found a sweet spot with mid-term rentals in the off-season.

One of the rentals, I rent mid term, by the semester to visiting scholars and the other rental, I rent short term during the summer and mid term during the academic year.

Buying as Short Term (or possibly mid term rentals) would allow you to put 10% down and get two homes for the same down payment money potentially.

What's great abut this is MTR is very tough to get shut down by local municipalities and believe it or not North Jersey attracts a huge verity of people looking for mid term whether its through work, moving or extended traveling.

We finance Short Term Rentals, Mid Term Rentals and Long Term Rentals, for short term rentals we don't require any seasoning, and can use AIR DNA for estimating the Rental income.

Great way to meet folks from mid peninsula-south bay.

WE did about 30 new builds downtown charleston but last 2 years we simply could not find anything that worked.. finally found  a lot and we close on it mid month.will build the same floor plan on the same street we did 5 years ago and sold for 450k  this time its going to sell for 850k..

Most people tend to go for mid or higher level service when given that choice.

@Lucas Gomez Have you considered running it as a Mid Term Rental?