If we had a great tenant for 5.5 years at our property, we would not charge any cleaning fee outside of the excessive cleani gs (such as trash out of the shed). 5.5 years of not having to turn the unit and not dealing with vacancy is huge.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Madison.

The biggest thing with this is if something major happens are you legally covered if the unit is illegally rented. 

We have had our units on RentRedi for three months and have had the same experience described above. 

We just completed 6-unit one bed one bath apartment in midtown Sacramento, CA As we are considering doing MTR, your feedback on how to move forward with this plan is appreciated  

I have missed out on rent from an empty unit. 

* How many bedrooms per units?

You may also want to consider purchasing multi-unit properties and live in one of the units.

I purchase my 1st multi family in Durham last sept, I was debating between str and long term, I went with str and I am loving it so far. my dec occupancy is Unit one 2b1b: 82%unit 2 studio: 79% So far so good and already thinking of getting another one in 2025 🤤 These are great numbers for this time of year!

You will have a leg up on the language, transactions, inspections etc.