While short-term rentals in areas like Kissimmee, Florida, can pay for themselves and offer lifestyle benefits, the ROI typically doesn’t match what I see from my traditional portfolio of long-term rentals in North Texas.That said, short-term rentals can still be a great choice, especially if you're drawn to the area and the opportunity to combine personal use with investment income.

Philly has a ton of opportunity, but since you are new to the area, I would suggest waiting six months before you buy anything there so you can really understand the block construction of the area.

I saw this property as a prime value-add opportunity.

Germantown has plenty of opportunities, especially if you keep an eye on areas with improving infrastructure or schools.

Clear opportunity for improvement How did you find this deal and how did you negotiate it?

That way, there is some type of cushion to help against any high usage months, should they just happen to use more than your previous tenants did, or if you unfortunately get tenants who abuse the "utilities included" opportunity. 

We do attempt to notify the owner before we make the decision and give them the opportunity to give input but keeping the property and tenant safe, and following the Tenant Landlord Laws are more important than getting permission. 

I prefer new construction homes where an opportunity for a good deal presents itself How did you find this deal and how did you negotiate it?

It's crucial to have a team that can provide both on and off-market opportunities, as Columbus can get a bit competitive.

The study could also identify the opportunity to capture additional benefits such as dispositions, and repair and maintenance expenditures.