Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!

I’d appreciate any advice, especially from folks who have invested in Fort Worth or similar areas.

Many experienced investors are humming a long similar to prior to the rate hikes.  

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

We’d like to continue with this project remotely, but the idea of managing contractors and overseeing a renovation from afar feels a bit daunting.Have any of you undertaken a similar project?

Personally, I'd start looking in markets you're familiar with, similar to what you said in your post.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

I think I’ve covered my bases, but I’d love to connect with others working on similar models or interested in this niche.Looking forward to hearing your thoughts!

Then you can check AirDNA.co (or similar site). 

Appreciate any feedback as well as similar stories that the community might be able to shareThanks and Happy New Years to all!