What are the lot sizes?

Furnished mid and short term rentals will cash flow if managed correctly and you find the right location and property size. 

Unless the place in an amazing location that couldn't support a full size home, you are better off doing a regular place.A tiny home isn't considered real property.

So, while prices currently remain similar to last year, we are seeing softer buyer demand and increased inventory compared to 2023.Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin this year through August:The median sales price for a single-family home in August 2024 was up roughly 11% from the beginning of the year.

Depending on loan size and what the DSCR ratio is, I have a lender that would be 6.88 to 6.99% with no points with a 680+ credit score and 20% down. 

It's not that big of a problem if the zoning allows for 3 units on a property of that size, however in most cases like this the conversion would have been done illegally or at the very least is no longer a conforming use.The shared water meter is pretty typical for multifamily here in Tampa.

Provide four to five copies of drawings size 24"x 36" and 11 each Site Plan/ Boundary Survey.

Ignoring short-term bridge loans, most commercial loan sizing is limited by DSCR, but they are not called DSCR loans. 

I think the sweet spot for new STRs is finding mid-size national attractions that bring in a lot of tourists but haven't been priced out too much at the moment like some of the most famous national ones. 

Central heat & air*I made this below chart based on this community shared knowledge (Thank you all).