Depending on who you're targeting to rent your MTR, each website has it's benefits.

You can find different strategies on how to find and reach these folks, such as driving for dollars, targeting mailing lists, networking with Realtors and other wholesalers, and having an online presence, plus paid social media ads, etc.

@Keaton Sheffert 1 neighbor is certainly easier than 50, so that is good!

Commercial is a universe apart from Residential and yes, commercial is 10X easier in regards to the things we are speaking on. 

Is there a target cap rate you are going for?

Magistrates tend to have long memories and also tend to hold grudges against local incompetent landlords.So if he wakes up and talks to someone with any brains and experience, this won't go to court, but he'll start looking for another excuse to get rid of you, something much easier to argue in court.

query=garage#sear...If you can rent a 2 garage at $450 without spending ~$150k for a garage ADU conversion, no work/risk of the ADU conversion, the lower maintenance/capex, easier eviction, no rent control, less tenant interaction, it will not convert your SFR to rent control, etc, it seems superior to the garage ADU conversion.  

There are definitely some municipalities that are easier to get along with than others, but all are open to development.

@Guenevere F. you're going to need 20-25% down to get a mortgage.If you target $100k, that won't leave you any funds for closing cost, maintenance or emergency reserves.You could try targeting around $80k, but the $16k-$20k down payment would still not leave you with enough.If you buy under $80k, you're probably buying such a low-end property that it is unlikely to meet your performance expectations.

Hi @Sumit B.To start off, Cape Coral does have a 7 day rental minimum, however, this is an ordinance that pre-dates the STR industry and was originally targeting transient housing.