What should I consider about the purchase price, interest rate, and other terms? 

As a starting point: -If they work full time and make $700k a year -Don't want to or can't spend time self managing a short-term rental -Don't have a spouse who wants to take the lead on managing the rentals They are likely not going to directly reduce their taxable income with real estate year-to-year. 

I have a w-2 income and own three properties, all long term rentals, that I've had for a few years.

These low interest rates make financing property purchases more affordable and appealing, enabling investors to secure favorable mortgage terms.2.

I buy and hold and do short term rentals and mid term rentals.Located in Racine Wisconsin  Hello Gabriel: I also live in Racine County there are some great deals our way and including southern milwaukee county too!   

Some similar phone numbers and such to other short term companies that other people said were scams.

I believe in putting in the work—1,000 hours of research, testing, and learning—before offering advice, and I’m excited to tap into the collective wisdom of this community to refine my approach.Here’s where my head is at: I’m considering strategies like short-term rentals (Airbnb) for higher cash flow, long-term rentals for steady income, or even creative options like house hacking or partnerships to stretch the funds further.

Once you do this conversion you can't change it back to a traditional long-term rental. 

Other local lenders I have used recently do not have very favorable terms. 

Is the mid term rental business that you have a 'rental arbitrage' business?