Look at your monthly payment (PITI = Principal,Interest, Taxes, Insurance) + HOA + (other maintenance fees if any) and if this amount is less than what you charge for rent (whether its Long, Mid, or Short Term rentals) and you are happy with the positive cash flow, then yes.Or maybe you're breaking even with the condo but you have  knowledge that the condo will explode in value due to some business/attraction/law/policy that will prop-up the sales price in the near future, then yes.Really, it boils down to what your goals are for this first investment.

I own cash-flowing Short-Term, Mid-Term and Long-Term rentals throughout several counties in Southern California and you could do the same.Good luck playing soccer and good luck on your Real Estate journey!

I want to put an offer on a house that is on a main road. I'll try to make house as sound proof as possible but aside from noise, do nurses generally feel unsafe since it's on the main road, more public exposure (lack...

Currently, I invest in long term rentals, but have some friends who do Short-Term and Mid-Term Rentals! 

I'm looking at a 30-ish room, two-story motel on a beach in a great area.  It's been for sale for around a year or so, maybe more.  The owner doesn't have the bandwidth to finish the renovation and has put it up for s...

YES Mid-west.

Is that for a long term rental or would you be doing mid-term or short term rental with higher rent? 

Depending on where the property is situated and the "local market conditions" I have them rented out as either long term, mid-term or short term.

Anyone having success doing mid term rentals?

We have done an extensive remodel to create our storefront office and shop with storage space on the lower level and a fully renovated 3/2 home used for mid-term and short-term rentals throughout the year.