We have a primary home, short-term rentals as well as paper investments. 

It may not be “sexy”, but it works with a low risk and long term wealth building  

Why not 30 year term with a conventional loan?  

Hello @Timothy Hilario,I think there are benefits to both strategies.If you move out of your apartment and rent it as a mid-term rental, you could see decent cashflow without pulling equity out of the unit.

House Hacking, STRs, Mid-Terms, and BRRRR are all solid strategies to explore.

As a starting point: -If they work full time and make $700k a year -Don't want to or can't spend time self managing a short-term rental -Don't have a spouse who wants to take the lead on managing the rentals They are likely not going to directly reduce their taxable income with real estate year-to-year. 

What should I consider about the purchase price, interest rate, and other terms? 

Now the business itself is rather simple. 

Some similar phone numbers and such to other short term companies that other people said were scams.

These low interest rates make financing property purchases more affordable and appealing, enabling investors to secure favorable mortgage terms.2.