This approach does not work on every deal, but if they are doing 1 out of 3-5 deals like this, it really helps the fix & flipper to develop long term wealth, rather than just chasing the next deal for chunks of money. 

It's now converted into a cash-flow positive long-term rental.

So first thing I call them short term rentals.

2) How long can your reserves support the negative cashflow3) What's your plan to solve negative cashflow long-term?

If you feel confident in the tenants signing those long term leases, this is a slam dunk and you'll have a cash cow on your hands very quickly!

Whether you’re targeting strong cash flow or long-term appreciation, understanding the dynamics of each neighborhood is key.

You’d need a clear exit plan and enforceable lease terms to protect your investment.Think about the following:Tenant Risk – Can they truly recover financially, or will you face another eviction situation?

Hi Anthony, what's your biggest priority - cashflow or long-term appreciation? 

Long term, short-term, etc?

The short term rental business has been fine, up until this month where I saw the lowest bookings since opening.