It’s paid off, I would “like” to leave it that way & maximize the cash flow while paying down the heloc between the rental & other income.  

Below is some copy & paste info about our methodology:----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

FLA starter homes were a bust just like you see posted by all these folks buying rentals right now in fla.. took forever construction costs sky rocketed so we made a few bucks and exited..

We don't know if he should adjust up or down, because we don't know the details of his rental.

I provide short term rental furnishing and renovation finish list that includes paint colors, light fixtures, cabinets etc.

I think most people would agree that a single family home is better than a condo for a long term rental.

Thank you @Jaycee Greene and @Hossein DaneshIn sum:- 42 apartment rental deal (land has potential to add 32 more on  two small building but that phase would be out of scope for this initial stage analysis).- Negotiated sales price $3.2 (seller financed)- 30% DP @ 7% / 20rs.

It typically has pretty good rental demand with UCONN Law School, St.

If you plan to live there in the winters, you might have a hard time doing long term rental outside of that and finding a new tenant every summer.

Does anyone have any experience with short term rentals in PCB?