Currently, we manage approximately 40 short- and mid-term rentals, in addition to a few long-term properties.

If a mortgage has a deed restriction, not allowing short-term rentals that is not imposed by an hoa or a city government how hard is it to get it removed?

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Hey @Kirk Roberts that sounds like a great long term goal!

Frankly I’m not sure how profitable they are long term.

I will be furnishing one side for now and leasing to a mid term rental until i get a property management company that will work the property or get it leased out to students What was the outcome?

But, if steady long term cashflow is a goal, with no management, one can always sell farm land on a low down private contract.

I have a long term rental where I had to put in a clause that I would fine for open windows in winter.

BRRRR all comes down to finding the right distressed properties at the right price, then identifying the right long term financing. 

Low appreciation may make the RoI from these assets low over long term, though they will cash flow on day 1.