I live, work, and own 2 rental homes in a small town in south central Missouri.

U are in wholesalers central in that part of the world that's for sure.

Wife and I are getting ready to make first major purchase and I wanted to share something that happened.After many months, I finally convinced my wife that the road to success will require us to downsize from our nice $250,000 single-family home in North Central San Antonio into something more modest, like preferably a live-in duplex or four-plex.

Refreshing to see posts pointing out that if you want any chance of making money in STR in Central Florida you have to do it yourself.Only buy what you can afford with few to no bookings, pay all your own bills, do all your own bookings and find a small team to do your local legwork (Mom and Pop).You'll have a chance then....

For example a lot of the homes I was looking at have Window A/C units, if you add central air does that add any significant value?

Hi Jessica, I co-own a landscape design company in Central Ohio and I get this question a lot.

He agreed.Currently, the tenants are on ”month to month“ leases at $250/ month each unit Is a 2/1 with central HVAC.

Do I need a business license to operate rental units in central Florida? 

@Michael Wolffs, I was looking at <$1M and in Central areas and saw rent-to-price ratios of .5% to about .7%.

We anticipate domiciling in central or south america at some point but have dozens of places to venture to so we've resisted buying.