This longer period might reflect more buyer deliberation or a cooling market.Median Time to Sales: The total median time to sales rose by 29.4%, from 68 days to 88 days, reinforcing the trend of longer decision-making periods.Active Inventory: Inventory levels soared by 108.3%, with 8,938 units available compared to 4,291 last year.

This longer period might reflect more buyer deliberation or market cooling.Median Time to Sales: The total median time to sales also rose by 16.9%, from 77 days to 90 days, reinforcing the trend of longer decision-making periods.Active Inventory: Inventory levels soared by 56.8%, with 9,588 units available compared to 6,116 last year.

I would also say that if they turn out to be a great guest, you could consider booking off platform after a shorter lease period. 

It is without a doubt the best and most efficient way to tenant rental properties and maximize rents here in Detroit.

It is only for the period of time that you need to acquire the regular commercial loan and pay back the HML, what are usual terms and rates for HML?

By the way your post was written it almost seemed like there was a rush to spend all of your 1M seed money in a relatively short period of time.

Is there a clause in your lease that specifies a particular notice period for vacating the premises?

Kudos From the Easy Street Website for all lenders below :For our Short Term Rental Loans (STR Loans), We combine the traditional 30-year fixed rate residential mortgage product with flexible and hassle-free underwriting, delivering quick and efficient 30-day closes and non-intrusive documentation requirements (no tax returns, no income verification).Light DocumentationOur process allows investors to avoid the mountains of endless paperwork and intrusive document-gathering common with our competitors.

AI can do driving for dollars and it's 102.3X - 300X more efficient than manually or virtually driving for dollars... follow the math below:The major difference between manually (or virtually) driving for dollars, and using AI, is the efficiency and cost savings.

According to the US census data Los Angeles, CA county population declined 3.5% in the last few years as you can see here:(Data from April 2020 - July 2023).But Real Estate prices went up in that period 25% according to Zillow (From $665,868 to $834,772).Rents went up 18% (From $2,380 to $2,827).How that can be?