Since you're interested in MTRs, look for spots near hospitals, universities, or corporate hubs to attract traveling nurses or professionals.

I think that the tax perks from having a rental make this more attractive than it might initially seem, but I have only done some quick internet searches, so I could very well be overestimating the upside and underestimating the downside??

fix them up well, and list them at a good fair market price (this goes back to what your ARV was to begin with), and get that on the market (lower is better to build up to that price, and attract more buyers)!

The $35,000 investment was carefully managed to avoid over-improving while still delivering an attractive property that resonated with buyers.

All with 55% down.Generally speaking, a location that is near a National Park or major attraction(s) are going to be the better locations for STRs. 

If this isn't an attractive alternative to your business partner then you might consider changing the ownership structure or operating agreement as one of your options.

Known for attracting retirees, snowbirds, and international buyers, Florida’s real estate market sees consistent demand regardless of the season.

What kind of tenants will your property attract?

We aren't zoned for a campground or RV park nor do we want to pursue changing the zoning to that, but keeping it low-key and low-density it doesn't attract attention, nor are we putting massive cap ex into it.

It really just depends on what types of travelers you're attracting to your units.