Our previous one we just moved out of is doing really well as a mid term rental and will be cash flowing about $1,400/month. 

Our original and adjusted basis on each property falls in the $400s and the Cost Seg studies are being quoted in the mid-$2,000 range per property.

She had 34 units by year2.By Year2 (mid April 2024), she is now making $80k/mo profit.

I am working on structuring and getting under contract to wholesale my first turnkey, mid-2010s, 4bed/3+bath/2 car/~2200 sq ft hybrid (Subto+SF) deal in Atlanta GA that I need some help/JV on to get to the finish line.Why it's a deal:The underlying debt is attractive (~500k @ 4.375% ~200k equity at 0%/very low payment with long AM).

I don't know the Cleveland market, but is there demand for mid term or short term rentals and do the numbers work?

I am looking for light value-add Class B small multifamily 2-4 units in Houston TX, preferably Friendswood, Webster, Pearland, League City or nearby areas that can be positioned as Mid Term or Short Term Rental.  

It's definitely a lower income area, and will not attract renter's for Mid-term or short-term rentals.

We are planning to live in the owner's unit and tenants above have lease that is expiring mid 2024.

And have had a great run since there has been very linear line upwards in the markets and a ton of stability not to mention the Turnkey business that is in virtually every mid west city has brought in outside investors to those markets and really propped them up..

I had this as a LTR for almost a year and I want to get into the mid term rental.