Hey I have a client who needs a Manager that specializes in mid-term rentals.

Cash flow and appreciation are the main key factors here.As someone who lives in Los Angeles and invest in the mid west I clearly see the differences between a low cash flow (inexpensive) rental and more costly rental that generates thousands of dollars and month in cashflow.

I had a quick call with a mortgage broker and they said over the phone a 1M purchase price, 20% should down be OK at a mid-high 6.XX% rate 30 year given my current income and credit (780820).

Adjust price but not the criteria mid stream.

I have multiple people ready to fill it every time a mid-term lease ends.

You don’t have to redo the lease mid term just because the management changed

As a MTR newbie, I'm learning how important it is to constantly be updating your listings and keeping track of which platform your guest comes from, all the while mixing in STR stays to cover the gaps between the mid-term guests.

HELOC: they are out there, but you typically have to hold title in your name and not under an entity. 70% LTV is usually the cap, and rates are double digits (mid teens).

23% - 30% is normal for a mid term rental or short term rental.

What about furnished "mid-term"?