•The short-term rental market is competitive, but that doesn’t necessarily mean it’s a bad investment.

With an average monthly profit of about $1,175 after expenses, it’s proving to be a strong investment.If your parents sell their home and want to move in, you’d need to weigh the trade-offs—losing that steady revenue vs. the stability of a long-term tenant.

Another thing to add is the regulations, HOAs and Cities are imposing a lot of regulation on short-term rentals or rent by a room, I have seen some HOAs regulate the amount of people authorized to rent the property too.It requires to do a lot of due dilligence to begin with mainly in such big house. 

Would love to connect with other investors in the area that are also doing long-term rentals, renovations, and/or short-term rentals.

Purchase price: $325,000 Cash invested: $2,485 Long term investment.Hey @Kevin Gamboa.

I prefer the mid-term over short-term rental all day long now. 

They are major BRRRR projects with the main exit strategy being to hold as medium term rentals.

Although multi-family properties is a term used more in the US and converted itself into a proper investment strategy, this is also possible in Spain (or anywhere in the world).

Very few allow any subordinate financing below their note but I do have ONE that allows 90% CLTV (they loan 75% and allow you to secure a 15% seller carryback as long as you come in with 10%). 

We live in Northern Florida and manage our 10 long term rentals and do flips in northern Florida and we decided not to go that route with this south Florida home after we started digging into it.