This strategy is very effective, especially on houses with lots of parking and houses with lots of bedrooms and bathrooms in areas near the popular locations around town.Realistically, you can get $750-900 per room that shares a bathroom, and $900-1100 per room that has a private bathroom.

I could be wrong, but Wheaton is a popular area for investors.2. 

Also considering a STR in a popular tourist area of my state. 

All homes will cash flow at least 40k-60k per year in popular Airbnb location. 

We see the opportunity on a few different properties, targeting the numerous amounts of recreational activities available, fishing is really popular. 

While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.

Dan, a popular misconception needs to be addressed. 

House Hacking has become very popular everywhere.

I think we are already starting to see that shift, and that midterm rentals will grow in popularity not only with travelers but also with local tenants.

Have any property managers used TikTok or other popular social media sites to market your business?