I'm trying to decide between renting the basement as a long term rental (and figure out something with the yard and utilities), do a short term rental like Airbnb or Furnished finders and give upstairs a utility credit, or leave it up to the current tenants to sublet it on Airbnb or find another roommate (so I don't get calls about tenant disputes since they will have chosen them). 

Investing in real estate is truly my dream, but I have chosen to sacrifice/postpone my dream, so she can get hers.

I wouldn't chase where other Californians may have chosen.

If you haven't chosen a market yet, I suggest looking into Ohio!

Cat urine will soak into the baseboard, subfloor, drywall etc....anything that has pores.

Ideally the rental would still do ok in the spring, summer, and fall while performing very well in the winter.I'd love to hear what locations people have chosen, occupancy and rental income by season, and anything else people would like to share about their experience!

I’ll try and remember to post the location back in this thread, but I’ll definitely make an event here on the BP site once a location has been chosen.

🌆I Own Investment Properties but I Still Rent -- Maybe you've chosen to rent in a major metro because you want to live there, but got started investing out of state.

Here are some steps to get started:Market Research: Identify areas with strong growth potential, low vacancy rates, and high rental demand.Financial Analysis: Evaluate the cost of construction, potential returns, and your financing options.Legal Considerations: Understand the zoning laws, building codes, and permits required for new construction in your chosen area.Sustainability: Consider incorporating green building practices to increase the property's appeal and long-term value.The Bottom LineWarren Buffett's investment in new construction underscores a broader trend in seeking alternative avenues for growth and diversification.

But I  have chosen to work with them also.Think is works for me.