Don’t forget to include the cost of the loan servicer. 

Because of this, most buyers come with cash or use short term seller financing.

I am interested in learning all I can about Long Term and Short Term Rentals. 

Keep it simple, transparent, and aligned with your long-term goals.

I spent years there in Jackson did probably 1000 flip loans to locals and owned at one time 200 sfrs..

You could build a new one every 2-3 years and move into it as a primary so the bank would be more friendly with your loan.

FHA loan.

@Tom Dieringer After purchasing my first property in 2024, I acquired most of my short-term rental (STR) knowledge from The Short Term Shop, which included maintaining respectful communication with guests, keeping calendar availability up-to-date, and ensuring high-quality listings.When I initially began May of 2024, I opted to list my property exclusively on a single Online Travel Agency (OTA) - Vrbo.

Hey all,I have been listening to Bigger Pockets content for maybe 4 years and finally have removed myself from some side hustles, have the capital, and grew the...brains to start real estate investing.QUICK BIO:I am based in New Jersey, I work as a marketing/efficiency consultant, and have 2 avenues of real estate investing:Short-Term Rentals: I have 3 short-term rentals using my parents apts in NJ ( 1 of them just launched in Nov) for the past 2yrs near NYC (1 of them just launched in mid-Nov).

An example might be a commercial tenant with 50% of the space in a building sends an after-letter notice that it now plans to vacate at the end of its lease term in 6 months.