My wife and I house-hacked our first place in ALX renting out the basement on Airbnb as a monthly rental.We're now on our second property doing the same thing.It's short notice, but if you wanna attend today's NOVA REI meetup, it's the last one of 2024 and we're meeting at Tyson's mall on the 3rd floor.

I am looking at short to mid term rentals 

Quote from @Mike Pepperday: Does anyone know, or have experience with tiny home short term rentals in the western New York area?

I’ve considered mid and short term rentals, but from what I’ve seen, Baltimore city unfortunately does not allow new short term rentals unless the property is owner occupied. 

Short term, "higher cash flow properties/areas" will be better, but long term "better appreciating properties/areas" will yield a better return (in my experience).

Build an SMB on top of your real estate (the reverse of #2)Short-term rentals and high owner-participation real estate businesses can have great returns.Obviously not for you if you just want passive RE.We are in the deep end here, where each case should be judged on its own facts and merits by your CPA.You should hire a professional to review your particular situation before you make an investment.

Quote from @Jay Hinrichs: Quote from @Bruce Lynn: @Jay Hinrichs      But I do understand the OP points and I think that folks just really dont understand the work and risk involved in ANY rental property short of NNN leases with super strong companies Exactly. 

ThanksI bet that's a good short term rental market!

@Andres Felipe Alba Hernandez Yes, neighborhood covenants can sometimes restrict certain activities, including short-term rentals (STRs) or renting out parts of a home, even in areas without a Homeowners Association (HOA).

Consider Angie Medina with Orlando Short Term Rentals.