We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Lancaster city limits short term rentals to only certain zones of the city so definitely look at the city website for that information.

Lastly, running an MTR is partially hospitality (like STR), but it is also a sales position (like all commerce).

Biggest thing is cash position.  

I do direct booking through the Houfy website, taking credit card payment by Square. 

Usually living in it for a few years may be enough for it to cash flow positive when you move out.  

I'm looking to finance the project long term in a way that is helps me create positive cashflow.

As rental rates increase, cash flow becomes strongly positive.  

Quote from @Tim Delaney: Quote from @Nilusha Jayasinghe: Quote from @Tim Delaney: It sounds like you would be in a good position to invest some or all of the RE emergency fund in a “safer” index fund.