There are various rental strategies, including long-term rentals, short-term rentals, agricultural leasing, and corporate/group rentals.

A lot of zoning and town code around short term rentals has been changing as well as in my area, there are a lot of multi-families in single family zoned lots that are “grandfathered” in.

Our guest speaker is David Randolph from St Louis on Short SalesMAREI Members and first time guests attend for FREE.Doors open at 6pm for Networking and our Trade Show.Buy Sell Trade is at 7 pmAnd David takes the stage at 7:30We wrap up about 9.We also have a bunch of smaller meetings all over our calendar.  

There are definitely pros and cons to all situations, you would just need decide what is best for you.Would listing it as a mid-term (traveling nurses, doctors, business professionals, contractors, etc) or a short term rental be an option? 

Just be ready for it to impact your credit in the short term – but, honestly, the relief of not being buried in debt was worth it.

I see how they would fund based on the numbers of a long term rental, short term rental, and midterm rental.

What held me back were the details behind understanding the financing - both short term to acquire and long term to hold.

Now I have the opportunity to buy another co-op (the one next to mine), but I don't have more cash, maybe I can apply for another HELOC to get around $100K, but still will be short for $50K since the asking price is $150K. 

From my experience with long-term rentals, relying too much on transient tenant flows like students or short-term employees can be risky.

There are pros and cons to long term and short term from a rental management side, and purchase/acquisition.Long term = lower vacancy, lower expenses, potentially lower revenueShort Term = higher vacancy, higher expenses, potential for higher revenue, financing is more expensive than long term rentalsWatch out for local STR regulations, they vary from city to city.