I use the terms -  "corporate furnished rentals",  "short-term rentals",  and talk about my target clients-  Business travelers, traveling nurses, traveling healthcare workers.#6  Knowledge -  Know why STR is better for the landlord than traditional rentals.   

Do you have a price range (or down payment target) and are you ok with some rehab or do you prefer turn key?

Do you have a price range you're targeting or a number of bedrooms or SF?

Focus on areas with sustainable taxes and long-term rental demand, targeting groups like college students, young professionals, or travel nurses.

How many units/properties are you targeting? 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.

So, say, properties in your target area are selling for about $100/sq.ft.

For rentals, focus on cash flow and metrics like cap rate (target 8%-10%) or cash-on-cash return.