We love investing into properties that we can hold long term and we have been fortunate enough to have great tenants through our intense vetting process that stay with us for long periods of time.

For every $100 million in public subsidies, approximately 1,157 co-living spaces could be created, compared to 313 studio apartments.The Bloomington City Council is reviewing potential ordinance language to facilitate co-living spaces, considering factors like parking, minimum square footage, and the definition of "family" in housing contexts.As real estate investors, it's essential to stay informed about such developments, as they can present new opportunities and models for investment.

I know I won’t be able to refinance it right away as I have been a stay at home mom for many years. 

Also anyone know if you can list it on AirBNB as an experience not for overnight stays?

I also diversify into alternative real estate, like self-storage, to stay ahead of emerging trends.I’ve learned valuable lessons over the years, particularly the importance of clear communication and aligning expectations in partnerships.

But I want to know that the actual property manager is communicative, can deal with curveballs from tenants, can stay on top of CMHA, etc.

I stay away from flooded properties and those in flood zones.

My wife (she picks all our STR stays) would not rent a STR in that type of area in any City but we are not everyone so take that with a grain of salt.

Their services increase the odds of tenants renewing and staying longer.Handling Evictions & Problem Tenants: A good PM handles problems quickly and efficiently.

That matters because rentals are often automatically passive.That also means the taxpayer uses the material participation rules from 1.469-5T to determine whether the STR is passive or not.Having an average guest stay of 7 days or less breaks it out of the definition of being a passive rental under 469.