I wouldn’t want to hold the loan for too long, so ideally it would be a 5 year term, presumably ballon payment at the end.

First post and long time listener.

But, it is bad for landlords, long-term.

Everyone is telling me that the majority of the time they dont take the LTO to term.

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.

Off-market deals give you control over pricing, terms, and creative financing options.

Quote from @Steve Englehart: I currently have two long term rentals and am looking into buying into the short term rental arena.  

Not overpaying and getting great terms 3. multiple bids/ quotes 4. project management. 

@Joshua MiddletonI am very familiar with that street, good friend used to rent Long term on it for about 7 years.  

What can you sacrifice to achieve your goals without being overleveraged?