Hi Folks, not sure if this thread is being monitored,  but I have a couple of single family homes in tulsa that i'm trying to rent out as a mid-term rentals (to traveling nurses etc).

I also like to have my phone handy showing the final comp set pricing on the traveler view on Airbnb at the same time.I think starting out slow is good.

This gives investors more confidence in their investments and helps them build long-term wealth through consistent rental income.4.

And, as Nathan noted, you are likely giving up huge appreciation potential, which will likely never be replaced by cash flow.But at the end of the day, if you are in a declining market in LA and are able to find great deals in higher cash flow areas, taking into account the likelihood of needing to outsource everything and additional travel costs to visit the properties a couple times per year, and you don't really care about appreciation, then it could work for you.  

I would not be confident the PM has a good legal option if they served pay or quit so late.  

We can definitely explore options for a mortgage on your $350k property to fund both your current renovation and the purchase of your next investment property.For the new property, we can also consider a separate mortgage to cover its purchase and rehab costs.Regarding the rural location, while it may limit leverage to around 65% of the property's price/value, we can work within these parameters.Given your equity position and experience, I'm confident we can structure a solution that meets your needs.

BR gets a decent amount of bookings from Floridians so gas prices and opened up air travel would be my immediate concern if you are looking for a cash flowing property now.  

Should someone damage one of those, I feel fairly confident that I could scrape together enough spare change to replace them, without it bankrupting me. lol I was simply asking for recommendation on who people on here use for liability on their STR's that would cover the things like animals and outdoor activities.

Do you send application to traveling nurses or only working professionals? 

I also give credit to Bigger Pockets for helping us with our investment strategy, knowledge, and confidence when it comes to rental properties.