I think the folks trying to do Airbnb and short term leasing in Cleveland's many Section 8 neighborhoods are out of their minds.

Purchase price: $310,000 Cash invested: $50,000 Big Blue - 2 units fully rented, 1 with section 8 tenant and 1 unit being used for short term rentals What made you interested in investing in this type of deal?

For this post, the long story short is that no cats were on the application but lo and behold, there are 4 cats in the house during my first inspection.

Now, in 2024, we're seeing $4,000 per month just on the main unit and $1,800 on the other unit of the duplex.Long story short, it's a long term play.

Quote from @Brendan Jones: When it's a home you intend to live in, I lean towards focusing on what you want, then making it work as best you can as a short-term rental.

On the other, the prospect of short-selling the homes didnt look so awesome either.

We had hoped to rent our house for short-term or mid-term stays.

I will be getting rid of her shortly.

She can use that money to get a hotel room or short term rental....or stay with family or friends.

Shortly after this, I was reviewing some of our financial statements one month and noted a $2000.00 charge from the HOA management company.