Consistency of your evaluation criteria is key for staying out of trouble.

Having worked with investors who’ve transitioned from LTRs to STRs or MTRs, I can see why Johnson City would be appealing.You’re right to consider the university, the med school, and the hospitl as potential sources of consistent demand for MTRs.

However, we often facechallenges in sourcing suitable properties through traditional MLS listings.

And considering I think a person who puts in plain black and white that integrity and character of the operator are key -- and then does something underhanded and incompetent is just mind-boggling to consider -- so I'm only left with a negative feeling about the documents these darned attorneys dream up! 

Key Deal Points:Loan Amount: $88,000Lien Position: 1st position Purchase Price: $120,000Appraised Value: $250,000Interest Rate/Return: 11% annual returnTerm: 5-year balloon (meaning the entire principal and interest must be paid at the end of the term)LTV ratio: 35.2%---Licensed Lending company for contractsRMLO package completed on buyersServicing company for payment

Again how we balance automation and the use of AI for ops streamlining with human-centered property management is key.

I think you can probably search for anything and with the right key words get the results you're looking for.

Quote from @Otis Clayton: Quote from @Trevor Finn: Hey @Otis Clayton,Partnering can be a fantastic way to scale, but setting clear expectations upfront is key.

The key is building systems and finding solid property management to handle things while you move around.

Defining your enough can be a good measuring stick to reasses, because spending time on forums like these you're likely to hit your enough, the key is being able to say "I have enough" and be able to enjoy the fruits of your labors.