I have not done much work to my personal home in Hollister since it wont make me any money in the short term.

STRs can bring great returns but are higher risk and more hands-on, like small-cap stocks, while long-term rentals are stable and predictable, like large-cap investments.

@Shayan SameerThe non-paying tenant could impact your short-term cash flow, so consider the potential costs and timeline of eviction in your state.

The short answer is: file form 1099-NEC. 

I don't like the short timelines/constraints of 1031 exchanges though. 

Nonetheless, you can base the DSCR calculation on PadSplit rent (if there's a history of PadSplit income being produced) or short-mid-term market rent (an analysis done at the same time of appraisal).

@Nick Rivers, where do you feel you are coming up short?  

I own 20 acres of land valued at approximately $80,000, and I want to build two short-term rental (STR) units on it.For context, my family already owns two long-term rental (LTR) units in the same general area.

Sure, I could look for a higher paying job, but I was wondering if anyone has any creative short-term methods to improve my ratio.

It’s is best to invest in short holiday rentals , there is always high demand for this kind of apparent Originally posted by @Paul Schu:@Morgan Nilsen I agree investing in the US probably has a better cash flow potential but I think Dubai might have a decent appreciation.