In terms of maintenance, they are generally safer because you are not responsible for the exterior and common areas and potential leaks, etc.

What should I expect in terms of timelines, paperwork, or other administrative hurdles?

I have a long term rental where I had to put in a clause that I would fine for open windows in winter.

I am more likely to take a risk, but i suspect when my husband is out from under a controlling baby mama, he won’t mind a little risk either.I love Texas, try to vacation there often and my husband is aligned with Texas farm property as a ten year long term goal.I’m also passionate about the trades and if i could do it all again I’d be part owner of some kind of builder or remodeler or specialty trades business. 

Maybe...In human terms?

Hey @Kirk Roberts that sounds like a great long term goal!

The terms would be quite lucrative for the cash provider, they would be looking at a 30% return on their $$ in 2 years*

Hey friends, I'm an agent in Daytona Beach and I locking in my first short term rental listing.

I don't know the %, but I would still guess 90% washout or never hit their goals, but I do see some "graduate" and seem to do well long term. 

Im working out what that would look like in terms of price point.