I know some experts on here expect a correction at some point, but with rental rates being near all-time highs, I think this makes the midwest extremely viable right now.Also, if you want to thing long, long term, check out some articles about climate refugee cities in the midwest and how they think they will be major factors as climate change gets worse and people start to leave areas negatively affected by climate change for a more stable climate.Truth!!

There are lots of restrictions but these are extremely common out here.

But, the location of the property (neighborhood), and the level of rehab is extremely high that I feel not so confident in proceeding.

I will soon have a three bed two bath SFR with a partially finished basement available to rent.  Have been using the property as a traditional rental. I've been tossing around the idea of trying something new with the...

It's an area I don't actively recommend STR as it does have usage limitations (duration restrictions between guests) but it's primarily a second home getaway and will transition to full time vacation rental down the line.

My 1st experience with squatters is that it can be extremely difficult to remove them.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

@Keith Boley @Salim BhuiyanYes, I would use them again, and recommend the DST.I think it is the best method of asset protection for someone who holds a self owned portfolio, especially as a California resident.Royal legal has had growing pains like I mentioned, but they are fair and the best at the DST used in this fashion.Like I mentioned, once you form a relationship with one of their attorneys, you have a point of contact and not messing with their outsourced answering system.For example, the Attorney I am in direct contact with at Royal Legal is extremely personable, knowledge, and timely.

Actually, that is not misleading at all.What I said is extremely accurate.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.