Sounds like you are in the biz----is a monthly rental (MTR) still considered a STR to insurance carriers? 

Quality furnishings, attention to detail, and seamless operations helped set the property apart, maximizing its earning potential.

Have you considered hiring someone to handle this for you?

- Yes, it does take more time to schedule this:(--- Our FieldTechs do have sets of locks our locksmith has pre-keyed, so we can "rekey" a property faster.

Hey Jonathan - I usually start by checking what similar properties are charging in the area, considering things like size, amenities, and location.

Covering the mortgage isn’t an issue, but I’m considering factors like: Multi-Family: House hacking would help offset costs right away, but I’d likely need to put money into renovations upfront.Single-Family: Easier move-in with no immediate renovations needed, plus potentially lower tenant turnover once I rent it out For those who have been in a similar situation, what did you choose and why?

To further boost occupancy and revenue, consider revisiting a dynamic pricing tool like PriceLabs, as it works best with more time and data to adjust rates competitively.

Not bad, especially considering it’ll take about 9 months for permits and a year for construction.Now, let’s say you decide to do a lot split with two 4,000-square-foot duplexes.

Consider having a tool like PropStream or Foreclosure Radar. 

I have been considering reaching out to the seller to see if they are still interested in selling the property and just this week I found a Facebook marketplace posting from the seller trying to sell their home off market because “it became too much for her to maintain alone”.