Long term capital gains= 20%3.

My two cents but the ship has sailed for short term rentals in this market.

In terms of low competition, unless you are buying in the most rural or economically distressed area, there is always competition.

Beautiful, but pricey—better for long-term appreciation than cash flow.

I see you're a Mid-term rental investor.

Quote from @JooYung Choi: Have you considered purchasing a short term rental?

I would recommend that regardless of market you decide to invest in that you find a fellow investor/realtor that can help you purchase in the neighborhoods that make for ideal long term rentals.

I'll be 45 next month.option A) Kiyosaki Model: Don't sell and run either long term or short term rentals through it for a year to show income on the property than pull a $300k mortgage on it to build another house in the same neighborhood... repeatoption B)  Ramsey Model, Sell it for $600k.

Be sure to shop around for the best terms and understand the refinancing process post-rehab to ensure your numbers work.

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