Well, not so fast.For every successful flip, there is an account of some nightmare project that sucked the bank account of someone dry.

I provide short term rental furnishing and renovation finish list that includes paint colors, light fixtures, cabinets etc.

Negotiating favorable terms is both an art and a science, and in real estate, it's a critical skill that can make or break a deal.

The short answer is yes, but it's much harder.

Tax deductions / write-offs should be a second concern.There are some rules that you need to follow to treat a short-term rental as 'active'(non passive) income which would allow you to offset it against other forms of income such as rental income / wages.

All a mid-term rental is someone staying not permanently but longer than on vacation.

My wife and I are new to the forum and have been listening to the show over the past six months, and we have been motivated by all the success stories from you all!

Quote from @Andrew Pierson: Quote from @Vince Scipione: I am just a short drive in scranton/pocono mountains wish I could assist you.

It’s quite appealing as a long term investment - even at today’s rates.

just double checked my lender is now 80% LTV for short term rentals only 85% for long term rentals