I've done it twice in Reno, NV (now I have them both as long term rentals), and it's changed my life. 

Renting to Section 8 Long-Term TenantPurchase Price = $250,000Renovation Cost =$3,800Appraised Value = $270,000Monthly Rental To Section 8 Tenant = $2,800Monthly Mortgage Payment = $2,100Monthly Reserve for Maintenance and CapEx = $200Monthly Cash-flow = $500Another investment property was closed and added to my rental portfolio.

Once the work was complete, I refinanced to pay off the hard money loan and held the property as a long-term asset.This duplex also marked the start of my short-term rental journey—we ran our first Airbnb from one of the apartments before scaling to bigger projects.

After fully renovating both units, I refinanced to pay off the loan and held it as a long-term rental.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $270,000

Cash invested: $20,000

Sale price: $360,000

Purchased a house to rent out and complete smaller but nec...

You need to take a longer-term view of how it's likely to perform in the future.

we have investors who are trying to decide between long term rentals on new builds and short term rentals on new builds in midwest markets in urban adjacent core neighborhoods. how are yours performing?

I am considering in investing in Single-Family/Multi-Family mid-term and long-term rentals.

Quickest way to put single family home rental into LLC. Recently had a tenant’s friend slip and fall. Worried about asset protection. Also best type of insurance. We have rental permit, lease. Live in Florida but own ...

Read "Long-Distance Real Estate Investing" by David Greene for starters.