You will likely need to sit on the unit for a long time or reduce initial rent below the market for that unit to rent during the Winter. account for this by either offering a Winter special that will increase to market in the Spring or doing a short lease that ends in the Summer.

Yes- I had the tenant sign a short term lease.

Oh, and check your local rules about short-term rentals so you’re good to go.Ready to dig deeper anytime! 

Shortly after Roofstock acquired them I have seen improvements and haven't had issues with bank account connectivity.  

Quote from @Brendan Duggan: Good afternoon,I started to lend out my own capital back in January 2024 and have originated 14 short term loans on new construction sf homes.

Saw Ohio was on your short list. 

On one side of the fold is your short term 6-12 month goal, on the other side you put your mid-term goal 3-4 years and then on the back you write down that Big Hairy Audacious Goal (BHAG) 10 year goal. 

Renting to people that aren't friends can be great, but also, one tenant can make everyone's lives miserable, so that's why I start with short leases in the beginning. 

They can test even the sharpest investors.Another buddy of mine, who’s based in Austin, had a client that found herself caught off-guard by a last-minute inspection delay on her Oregon property.. from what I’ve heard in Forbes, the local market’s short supply of exchange-worthy replacements didn’t help either.

With that type of income you can buy rentals with cash in a short amount of time anyways.