If the market continues to appreciate, holding the property could yield more long-term equity gains.

Tenants don't get to dictate terms.

I searched for properties that stay on the market for a long time.

What if franchising is part of the strategy, with a long-term goal of acquiring properties as well?

I'm familiar with Jeff and the C2C team (i've heard great things) and work primarily with Fernandos team who I love.Right now - all of the padsplit loans I am working on for my clients are underwritten based off long term rental rates.

How long does that take?

LoL So really trying to learn what I can, gain some capital, and see what my options could be for the year.I'd like turnkey and long term renters in place, as that seems like a good way to get started as a rookie. 

I’ve been in the industry for several years, and my work has given me a solid understanding of property systems, maintenance, and what makes a home a great investment.I’m now looking to expand my own real estate journey by learning how to acquire and manage short-term and long-term rental properties.

As a long-term hold investor, I see this property as -$600/mo to -$800/mo depending on whether you use a PM or not.

@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.