I tend to shy away from homes over ~20 years old to buy and hold for long term renting.

Quote from @Elam Fisher Jr: Anyone have experience with mid term rentals in Baltimore city?  

Do you have any suggestions on how we can secure long-term financing under these circumstances?

Hey Laura,So I can't help with the true GAP funding, but I might have some ideas on how I could help utilizing the seller financing and transitioning it to something long term. 

Avery Carl's Book, 'Short-term rental, long-term wealth' How did you find this deal and how did you negotiate it?

Absolutely - East Hill is a really popular area for traveling heath care professionals, as well as military on short term TDY orders who are looking for furnished stays.Keys to success for my condo have been keeping the furniture fresh, and not looking like every other listing out there.

We already have a few mid-term booking requests so just as I thought, my vision of what's possible is coming to reality. 

DSCR recently came popular in the loan brokerage and private credit space with the rise of STRs and MTRs.Your local bank lenders will have the best rates typically.  

@Lina TruongStarting with mid-term rentals (MTRs) can feel daunting, but breaking it into steps makes it manageable.

Unfortunately the short and mid term markets are slowing down.